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of shareholders' value maximisation strategies. Neither shareholders nor their representatives will voluntarily adopt …
Persistent link: https://www.econbiz.de/10013014969
costs. Family-controlled firms and coalitions among non-controlling shareholders seem helpful in reducing agency costs. The … results suggest that coalitions among non-controlling shareholders both in family and non-family firms reduce agency costs …
Persistent link: https://www.econbiz.de/10012926971
Persistent link: https://www.econbiz.de/10013167075
case. In the years preceding the financial crisis, shareholders validated the strategies of the very financial firms that … shareholders, having played a role in fomenting the crisis, have a positive role to play in its resolution.The prevailing legal … model of the corporation strikes a better balance between the powers of directors and shareholders than does the shareholder …
Persistent link: https://www.econbiz.de/10013150783
This study examined whether external users of financial statements are capable of assessing goodwill impairment apart from management. This study aimed at investigating goodwill write-offs resulted from acquisitions among Jordanian shareholding companies in Amman Stock Exchange (ASE) during...
Persistent link: https://www.econbiz.de/10013156883
Western economists have argued that the legal environment for the protection of minority shareholders and mechanisms … for restricting the expropriation of minority shareholders will be important in determining the size and extent of a … country's capital markets. In China, the protection of minority shareholders is officially regarded as a major regulatory …
Persistent link: https://www.econbiz.de/10013158321
‘Shareholder rights' are the legal entitlements of shareholders via-a-vis companies in which they invest. A large body … that without accountability, managers and dominant shareholders will use their power to further their own interests at the … rights in ways that can be excessive. This can harm not only other constituencies but also shareholders, as it can promote …
Persistent link: https://www.econbiz.de/10012842156
partially reflect the OECD Principles on minority shareholders' protection. These shareholders' rights are still insufficient …, given the importance of good corporate governance and reliable shareholders' remedies in promoting investment and prosperity …. This article urges Qatar to adopt minority shareholders' remedies in similar terms to the successful provisions in the …
Persistent link: https://www.econbiz.de/10012952915
For three academic years (2011-2014), the Harvard Law School's Shareholder Rights Project (SRP) operated a clinical program assisting institutional investors on board declassification proposals. This paper analyzes the SRP as a quasi-natural experiment to examine the value implications of...
Persistent link: https://www.econbiz.de/10012957219
We find that annual shareholder meetings conducted online can significantly increase the participation of shareholders …, especially minority shareholders. This finding is more evident when the cost of physically attending the annual meeting is higher … evidence that online shareholder meetings provide shareholders a cost-effective way to participate in governance issues …
Persistent link: https://www.econbiz.de/10012903833