It is one of the well-known cornerstones of corporate governance that (minority) share-holders are subject to a risk of … recognize the role of employees and other "nonshareholder constituencies" during the past years. While potential shareholders … resources from (other) shareholders and employees. We also analyze how these incentives vary, between firms, according to the …

which shareholders monitored and exercised voice to one where there was more reliance on external forces and exiting …

model with strategic interaction between managers and outside shareholders, we hypothesize that, while an increase in the …

policies institutional investors often say they are long-term shareholders, socially responsible investors, or stakeholder …