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shareholders in corporate governance and argues that micro-level shareholder stewardship, that is how institutional investors …
Persistent link: https://www.econbiz.de/10014244651
This paper examines racial preferences of shareholders in the context of corporate director elections. Focusing on …
Persistent link: https://www.econbiz.de/10014258046
, and that attending shareholders vote for 1.7 times the shares they own. Turnout is higher when the largest shareholder is … shareholders consider the general meeting a more important monitoring device the more serious the potential conflicts of interest …
Persistent link: https://www.econbiz.de/10012839416
Persistent link: https://www.econbiz.de/10012850177
-friendly) retail shareholders. Our study focuses on an observable managerial choice of how to deliver proxy materials to maximize … retail turnout. Management can opt to send a full set of proxy materials to all shareholders, which increases retail turnout … but also increases printing and mailing costs, or they can send a notice directing shareholders to proxy materials …
Persistent link: https://www.econbiz.de/10012854289
-staggered and staggered boards. We find that through voting, shareholders can increase the efficacy of the audit committee, leading …
Persistent link: https://www.econbiz.de/10013032152
This book chapter has reviewed the rights of shareholders to participate in corporate affairs and engage with companies … in Hong Kong. With concentrated ownership, it is unlikely that shareholders can change or influence corporate decisions … through voting or engagement. Retail and minority shareholders rarely vote in general meetings. The promulgation in March 2016 …
Persistent link: https://www.econbiz.de/10013312559
-contest periods. We conclude that passive funds are engaged shareholders in high-stake voting events …
Persistent link: https://www.econbiz.de/10014255108
We find that minority shareholders’ voting opposition to dividend proposals is associated with significantly higher … cash dividend payout in the following year for stocks listed in Shanghai Stock Exchange. When minority shareholders’ voting … dividend payout. Minority shareholders’ voting opposition has a stronger positive effect on cash dividend payout when they post …
Persistent link: https://www.econbiz.de/10014258631
Proxy advisory firms have become important players in corporate governance, but the extent of their influence over shareholder votes is debated. We estimate the effect of Institutional Shareholder Services (ISS) recommendations on voting outcomes by exploiting exogenous variation in ISS...
Persistent link: https://www.econbiz.de/10012972472