. The former undertake the risk of business and the later manages the business. In return the shareholders expect to share … the profit and assets of business. This study analyses that expectation of the shareholders in terms of dividends and … position of the shareholders out of such uncertainties, as well as the probable losses suffered by the shareholders and the …

current proposal relies exclusively on shareholders to drive the shift to a longer-term perspective. Especially after the … financial crisis, there is no clear reason for this exclusive reliance on shareholders. Although shareholders have and should … have specific rights in corporate governance, shareholders do not own companies. Their relationship with the company is a …