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litigation—claims brought by shareholders in the wake of corporate mergers and acquisitions transactions—and uses as evidence the …
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. Arguably, there is no utility for shareholders in suing corporate fiduciaries for damages when fiduciaries pay most of these … damages using funds provided by shareholders. The resulting transaction and litigation costs simply seem superfluous. This …
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The probability for shareholder litigation is studied and how corporate governance characteristics and other factors explain it. Shareholder litigation results from failure of corporate governance. Thus a better quality of corporate governance is hypothesized to decrease the litigation...
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