Zhao, Aiwu; Brehm, Alexander J. - In: Managerial Finance 37 (2011) 5, pp. 465-473
board of directors and minority shareholders. Design/methodology/approach – The authors use voting result of shareholder … proposals as an indicator of the level of conflicts between board and minority shareholders. OLS regression and non … conflicts between board of directors and minority shareholders. Also, the tension between board and minority shareholders is …