Showing 71 - 80 of 133,997
to an influential argument, activist shareholders can offer a solution by supplying large investment managers with … shareholders – have different visions of stewardship with little scope for interactions. For large investment managers, general …
Persistent link: https://www.econbiz.de/10012507489
the EU to shareholders as active corporate governance gatekeepers and drivers of its long-term sustainability agenda. It … considerable normative gap between the EU narrative of engagement and the challenge of engaging shareholders away from self …
Persistent link: https://www.econbiz.de/10012914382
, economic and political, both counsel in favor of extending the corporate franchise to employees as well as shareholders, and …
Persistent link: https://www.econbiz.de/10012848084
Over recent decades, shareholders in public corporations have increasingly sought to augment their own power - and … because enacting, amending, and repealing bylaws are essentially the only corporate governance actions that shareholders can … regarding the scope of the shareholders' bylaw authority. The Article first discusses various dimensions of corporate governance …
Persistent link: https://www.econbiz.de/10014191768
In theory, large institutional investors are in an excellent position to overcome collective action problems and form voting coalitions to actively monitor and discipline managers of public corporations. This article argues that it is highly unlikely that voting coalitions of institutional...
Persistent link: https://www.econbiz.de/10014192544
the protection of shareholders against shirking of the board members and the officers increased significantly. The … protection of minority shareholders against the expropriation of major shareholders remained unchanged. In light of these … suggests that other variables, like the presence of activist shareholders, might be much more influential than the development …
Persistent link: https://www.econbiz.de/10014197939
This paper contains the tables of contents, legislation and cases, the introduction and the index of a book published by Cambridge University Press (2008). The cover text reads as follows: "On the one hand, it can be argued that the increasing economic and political interdependence of countries...
Persistent link: https://www.econbiz.de/10014221480
I analyze the allocation of the power to decide on hostile takeovers between directors and shareholders. My …, shareholders nevertheless may have the power to reverse the outcome via a vote. I argue that even though shareholders sometimes … removability, shareholders’ inability to call special meetings or to act by written consent, supermajority rules, proxy and …
Persistent link: https://www.econbiz.de/10014153473
There is a heated debate on shareholder versus stakeholder governance. The stakeholder view recognises that companies have broader responsibilities to society than just making profit. But the lack of an integrated measure makes it difficult to hold management accountable against multiple goals....
Persistent link: https://www.econbiz.de/10014235517
Corporations, like the rest of us, must comply with environmental and other laws or suffer the consequences. Unfortunately, these consequences can pale in comparison to the gains to be made from non-compliance. Law-and-economics scholarship recognizes this and, by treating many laws as mere...
Persistent link: https://www.econbiz.de/10014137951