earnings management, and restatements). This association is driven primarily by these large shareholders influencing rather … individualized effects of blockholders and a mechanism through which shareholders impact reported earnings …

channels through which controlling shareholders expropriate minority shareholders by adopting a policy of excess leverage. We … found that firms with more excess control rights also have more excess leverage and the controlling shareholders of these …'s tunneling behavior. We argue that in emerging markets when legal protection for both creditors and shareholders is weak …

and their controlling shareholders use the resources for tunneling rather than investing in positive NPV projects. We also … party transactions are more positive after NTS reform. This confirms that tunneling by the controlling shareholders actually … reduced. We argue that in emerging markets where legal protection for creditors and shareholders is weak, controlling …

strengths of the agency conflicts faced by their shareholders and creditors. We show that dividend policy depends on the …

strengths of the agency conflicts faced by their shareholders and creditors. We show that dividend policy depends on the …

presence of dominant shareholders. Our results show that shareholder coalitions affect payout policy negatively (both for … new evidence on the effects of corporate control mechanisms on shareholders wealth; this evidence is complementary to the …

Recent literature suggests that some socially responsible corporate actions benefit shareholders while others do not … environmental performance as the proxy for CSR. We show that family firms are more responsible to shareholders than non-family firms … diverge, i.e., when it comes to making environmental investments that might benefit society but do not benefit shareholders …

of bank shareholders). In this paper, we explore institutional investors' preferences for bank capital for a sample of U … influence of institutional shareholders. Further analyses show that the relationship between bank capital and institutional … suggest that institutional shareholders view bank capital as privately optimal and complement banking regulation in increasing …