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minority shareholders continues to be a problem around the world. The corporate governance assessments show that choice can …
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Managerial resistance precludes half of shareholder-initiated proposals from reaching the ballot stage. I construct a novel dataset of excluded and withdrawn proposals from the Securities and Exchange Commission's responses to managers' exclusion requests. An examination of announcement returns...
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capital, the rules vest ultimate control of the business in those who provided the equity for the business, the shareholders …. But only all the shareholders acting unanimously have complete authority and discretion in relation to the company …'s affairs. This is in recognition of the fact that shareholders' personal interests are not always aligned and some measure of …
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The field of corporate governance has long considered the costs of the separation of ownership from control in publicly traded corporations and the regulatory and market structures designed to limit those costs. The debate over the efficiency of regulations designed to limit agency costs has...
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examines the company law of the UK, the USA, Germany, France, Japan and China to see how this issue affects shareholder law …
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