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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 …
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In family firms, the succession of controlling equity stake to next generation is an issue of paramount importance. This, however, can be a major challenge in the presence of heavy inheritance or gift tax burden (high tax rate and absence of tax-saving vehicles, such as trusts or foundations)...
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GIM Index or the proportion of activist shareholders. Following these special meeting we find that next quarter …
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