corporation should speak and what it should say? In several cases, the Supreme Court has provided a clear answer: shareholders … shareholders' bylaw power, is both consistent with Supreme Court jurisprudence and the most desirable way of operationalizing …

acquisition, bidders have a fundamental conflict of interests with target shareholders from which activist investors are immune …

not aligned with shareholders. Limiting shareholder power may mitigate “special interest” activism but can also exacerbate …

Theory suggests that controlling shareholders can influence firm value through both shared benefits creation and …

.S. But we argue that outside investors in European listed firms with controlling shareholders are poorly protected compared … shareholders rather than shielding passive investors, is not well suited for controlled, listed firms. This approach translates … into a lack of definition and development of specific fiduciary duties of the controlling shareholders towards market …

preferences for monitoring executive compensation. When shareholders express disapproval through low Say-On-Pay (SOP) support … shareholder support for reelection, and decreased directorial compensation. Shareholders at firms sharing an affected director …-binding SOP votes may provide shareholders with a mechanism to influence director incentives, and therefore, executive …

only the target firm's shareholders can exercise voting rights under corporate law. The lack of voting rights for … shareholders of the acquiring (or bidder) firm is potentially problematic given anecdotal and empirical evidence that a large … percentage of public company acquisitions involve negative returns for bidder shareholders. Recent research shows that compulsory …

We ask when and how a diverse board can benefit shareholders. Board diversity may be value-increasing even if some … directors have agendas that are not perfectly aligned with shareholders' interests. Diversity commits the board to a high …