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Currently, there is much debate about the role that non-investor stakeholder interests play in the governance of public companies. Critics argue that greater attention should be paid to the interest of stakeholders and that by investing in initiatives and programs to promote their interests,...
Persistent link: https://www.econbiz.de/10012244406
which shareholders monitored and exercised voice to one where there was more reliance on external forces and exiting …
Persistent link: https://www.econbiz.de/10014445783
There are at least three potential ways in which a CEO divorce might impact a corporation and its shareholders. First …: Should shareholders and boards be concerned when a CEO and spouse separate? Should the board make the CEO “whole” in order to … information to shareholders?Topics, Issues and Controversies in Corporate Governance and Leadership: The Closer Look series is a …
Persistent link: https://www.econbiz.de/10013075510
Recent trends in shareholder empowerment have spurred a heated debate whether empowered shareholders will ultimately … shareholders will improve managerial accountability and firm performance, critics warn that shareholder empowerment will merely … amplify corporate myopia and shift the problem of managerial self-serving to shareholders' self-serving. In this volume we …
Persistent link: https://www.econbiz.de/10013013235
it is manifested and how it is exercised. We examine this topic in greater detail, and ask: Are shareholders better or …
Persistent link: https://www.econbiz.de/10014163835
Purpose – The purpose of this paper is to examine the propensity of sovereign wealth funds (SWFs) for shareholder activism and their potential impact on corporate governance.Design/methodology/approach – The study highlights the relationships between SWFs and corporate governance and also...
Persistent link: https://www.econbiz.de/10013086578
major corporate disaster. The best practice of corporate governance suggests that shareholders should actively be engaged … crucial for companies with suspicions of poor internal governance. The engagements from shareholders, especially the … institutional shareholders in critical areas will give impacts to the governance structures and practices of the companies involved …
Persistent link: https://www.econbiz.de/10012952038
This paper asks the question whether dissent votes in uncontested director elections have consequences for directors. We show that, contrary to popular belief based on prior studies, shareholder votes have power and result in negative consequences for directors. Directors facing dissent are more...
Persistent link: https://www.econbiz.de/10012971711
This paper examines why firms choose to spend resources on acquiring ownership rights in other firms. Based on a unique data base of every individual intercorporate shareholding on the Oslo Stock Exchange during the period 1980-1994, we find that such investments serve at least three functions....
Persistent link: https://www.econbiz.de/10012974292
policies affects the quality of firm governance. We find that a 2003 reform that empowered shareholders to approve or reject …
Persistent link: https://www.econbiz.de/10013004103