institutional shareholders. Using hand-collected data from Israel, an environment with concentrated ownership, I employ a power … index borrowed from the political science literature to examine the voting power wielded by institutional shareholders and … the voting patterns they display. I find that institutional shareholders' voting power is negatively related to their …

to limit managerial authority. Both models view insiders and shareholders as engaged in a competitive struggle for … scholars and judges continue to debate the appropriate balance of power between shareholders and insiders, corporate practice …, the Article shows how collaboration promotes the production and aggregation of information from insiders and shareholders …

-friendly) retail shareholders. Our study focuses on an observable managerial choice of how to deliver proxy materials to maximize … retail turnout. Management can opt to send a full set of proxy materials to all shareholders, which increases retail turnout … but also increases printing and mailing costs, or they can send a notice directing shareholders to proxy materials …

Do informed shareholders who can influence corporate decisions improve governance? We demonstrate this may not be … shareholders to improve governance has its limits …