employ 'harmful' resistance that is not perceived as being motivated by shareholders' interests. We find that harmful …

low cost to steer growth or sustainably manage their debts. Minority shareholders can effectively increase equity stake in … the situations where they can lobby majority shareholders to abstain in any rights issue to enable minority shareholders … shareholder.While minority shareholders might be vying for more equity through rights issue, the process itself might not bring …

This paper analyses lawsuits against shareholders' resolutions according to the German Stock Corporation Act (AktG) and … lawsuit is pending with a court. In particular, mergers have to be implemented without any delay. The minority shareholders … voting power of minority shareholders and create incentives to use the real option inefficiently. Therefore, the majority …

More and more Chinese-listed companies report the loss of controlling shareholders in recent years. This seems to be a … boon to the Chinese capital market, which is plagued by tunnelling from controlling shareholders. Employing the absence of … controlling shareholders as a novel event, this study analyzes its influence on management rent-seeking behaviour, as measured by …