to limit managerial authority. Both models view insiders and shareholders as engaged in a competitive struggle for … scholars and judges continue to debate the appropriate balance of power between shareholders and insiders, corporate practice …, the Article shows how collaboration promotes the production and aggregation of information from insiders and shareholders …

percent of the top 5 shareholders and counterbalance mechanism among blockholders on cash dividend distribution of listed … phenomena of "same shares same rights but different price". We find that share percent of top 5 shareholders, control ability … tunneling of cash dividend distribution. Lastly, the paper proposes five suggestions to restrict controlling shareholders to …