This article answers, in the affirmative, two core research questions: do we need long-term shareholders and can we … find them? The economy needs long-term shareholders to provide prudent and profitable patient capital, generate an antidote … to corporate short-termism and spearhead managerial accountability. Finding these shareholders requires a structure that …

culture: it increases results-orientation but decreases customer-focus, integrity, and collaboration. Shareholders initially …-induced changes in culture are not in shareholders' long-term interests since firm value declines by 1.4% through this channel …

‘Shareholder rights' are the legal entitlements of shareholders via-a-vis companies in which they invest. A large body … that without accountability, managers and dominant shareholders will use their power to further their own interests at the … rights in ways that can be excessive. This can harm not only other constituencies but also shareholders, as it can promote …

view that antitakeover provisions are universally harmful for shareholders …

I analyze the allocation of the power to decide on hostile takeovers between directors and shareholders. My …, shareholders nevertheless may have the power to reverse the outcome via a vote. I argue that even though shareholders sometimes … removability, shareholders’ inability to call special meetings or to act by written consent, supermajority rules, proxy and …

decision-making concerning shareholders and stakeholders. In a sample comprising more than nine hundred directors originating … a principled, quasi-ideological stance towards shareholders and stakeholders, called shareholderism, on which they vary …

, Law and Society.Shareholders, and the relationship between shareholders and management, lay at the heart of Professor … Berle's scholarship. The goal of this Article is to compare the image of shareholders emerging from The Modern Corporation …