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When are shareholders empowered to remove directors from office? This is an important governance issue and is related … to the balance of power between shareholders and directors. In the case of a public company, s 203D(1) of the Australian … Corporations Act 2001 (Cth) provides that shareholders may by ordinary resolution remove a director from office. Section 203D also …
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We collect data on the record of every action in hundreds of derivative cases and merger class actions involving public companies filed in the Delaware Court of Chancery from 2004 to 2011. We use these data to analyze how markets respond to litigation in the most important court for corporate...
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