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minority shareholders. At the same time, it is well recognized that RPTs can help firms overcome market shortcomings. Using the … expropriation. Minority shareholders actively raise their voice against RPT resolutions, resulting in substantial shareholder …
Persistent link: https://www.econbiz.de/10012926802
minority shareholders. Using the setting of India's RPT voting rule, I find that a majority-of-minority shareholder voting … mechanism helps mitigate expropriation. Minority shareholders actively raise their voice against RPT resolutions. A difference …
Persistent link: https://www.econbiz.de/10013212620
, and that attending shareholders vote for 1.7 times the shares they own. Turnout is higher when the largest shareholder is … shareholders consider the general meeting a more important monitoring device the more serious the potential conflicts of interest …
Persistent link: https://www.econbiz.de/10012839416
There are several measures of equity compensation that may provide shareholders with distinct and useful information … for evaluating CEO pay. We examine whether shareholders consider additional disclosures of equity compensation measures … outcomes remain significantly related to abnormal equity compensation expense. Consistent with shareholders considering the …
Persistent link: https://www.econbiz.de/10012903909
This paper analyzes the relationship between ownership structure (shareholders' stake and identity) and corporate risk … also find a trend to the alignment of interests between the largest shareholder and the other large shareholders, so that …
Persistent link: https://www.econbiz.de/10012974325
structures, which allocate superior voting rights to insiders and inferior voting rights to public shareholders. This Article … governance standards. Nonvoting shareholders are deprived of these significant components of investor protection.After carefully … them. First, the Securities and Exchange Commission should act to protect nonvoting shareholders by requiring the same …
Persistent link: https://www.econbiz.de/10012852289
over management's portfolio selection. The paper demonstrates that rational shareholders - that anticipate these endogenous …
Persistent link: https://www.econbiz.de/10011921926
Persistent link: https://www.econbiz.de/10011526284
We consider the allocation of corporate control in a company with two large and a continuum of small shareholders …. Control is determined in a shareholders' meeting, where the large shareholders submit competing proposals in order to attract … the vote of small shareholders. The presence of multiple shareholders reduces private benefits through competition for …
Persistent link: https://www.econbiz.de/10013081207