of associations have no major impact on shareholders' engagements. Corporate performance and other governance mechanisms … debate of shareholder empowerment. The agenda and hence the role of shareholders should be restructured. The AGM should be …

We consider the allocation of corporate control in a company with two large and a continuum of small shareholders …. Control is determined in a shareholders' meeting, where the large shareholders submit competing proposals in order to attract … the vote of small shareholders. The presence of multiple shareholders reduces private benefits through competition for …

the business, legal, and academic communities. Economic analysis and policy arguments advance a normative theory that ….” But whether the concept is “law” is contested because, remarkably, we still do not have a coherent legal theory. Our … understanding of a fundamental tenet of the field is flawed and incomplete. This article presents a positive legal theory of …

I investigate whether implementation of the mandatory bid rule – the rule that grants all shareholders the right to …

shareholding has been critiqued for producing the result that it may solely reflect the interests of a small number of shareholders … even if, collectively, those shareholders do not have full control of the firm. We show that this issue can be avoided with … an alternative formulation. This formulation is derived from a probabilistic voting model in which shareholders may …