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This paper investigates the role of institutional investors in the improvement of corporate governance for the companies in which they invest (investee companies) using evidence about the attributes of boards of directors across 15 countries. Furthermore, this paper examines the extent to which...
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-party transactions and other conflicts of interest situations. Moreover, controlling shareholders often perform some of the functions …
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) issues as matters of strategy and statutorily attribute substantive competence for such matters not to the shareholders … shareholders’ actual power to take up the task that financial law gives them, and there is currently no European or international … shareholders meeting to amend the company’s constitutional documents …
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