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This paper examines the impact of controlling shareholders' stock pledge on institutional shareholding using the sample … of Chinese listed firms. Stock pledge means shareholders use stock of listed firms as the pledged assets to apply for … shareholders' stock pledge decreases institutional shareholding significantly and such relation is more remarkable in the subsample …
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The shareholders are the owners of the corporation. The corporation has a separate legal existence independent of the … and other liabilities of the corporation to third parties). Shareholders generally delegate management and control of the … corporation to the directors and officers, with the directors being elected by a vote of the shareholders; however, under common …
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.S. But we argue that outside investors in European listed firms with controlling shareholders are poorly protected compared … shareholders rather than shielding passive investors, is not well suited for controlled, listed firms. This approach translates … into a lack of definition and development of specific fiduciary duties of the controlling shareholders towards market …
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of dual-class shares. It contradicts the precept of one-share, one-vote that is essential for corporate democracy …
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to an influential argument, activist shareholders can offer a solution by supplying large investment managers with … shareholders – have different visions of stewardship with little scope for interactions. For large investment managers, general …
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