Why do the founding families of many East Asian companies hold on today-to-daymanagement Is there more going on than meets the eye? This paper uncovers the disturbing patterns of unfair internal transactions among subsidiaries to maximize the wealth of controlling families at the expense of...

Shareholders call for more attention after the crisis: confidence will have to be restored to convince them to recapitalise the financial firms. Five topics are addressed here: shareholders should be able to effectively exercise their rights, especially their voting rights. They should be...