This Article explores the creation and conundrum of citizen shareholders - investors who enter the securities market …-term goals like retirement. Citizen shareholders are a consequence of a retirement revolution, and are the fastest growing group … of investors. Citizen shareholders are distinguishable from other shareholders on the grounds of choice, exit, and the …

spoken for years about shareholders rights. It is time toalso talk about shareholders' obligations'.This heralded a break … with the traditionalperception in company law that shareholders have no duties when they invest incompanies. However, on a … closer examination it will be seen that this change has beenon the way for some time now and discussions about shareholders …

Controlling shareholders often pledge their ownership in the firm to offer collateral for either their personal loans … modification in the payoff structure can influence the incentives of controlling shareholders and have real effects on firm value … ownership of controlling shareholders and destroy firm value. On the contrary, share pledges for firm loans mitigate problems of …

who free-ride off the monitor. We test this prediction in the setting where large shareholders contractually bind …

influential, yet unaccountable, shareholders. Governance entrepreneurs in the market for corporate influence must first identify …/or other shareholders of the wisdom of their policies, before they will be permitted to share the authority necessary to …

Corporate bylaws are the new leading edge of a decades-long struggle between shareholders and managers over the … allocation of decision-making authority in public companies. Bylaws are the only method by which shareholders can unilaterally … in circumstances where shareholders' other core rights, i.e., the ability to exit the firm or sue its fiduciaries, are …

-- the right for shareholders to nominate a candidates to a public firm's board of directors -- lies at the heart of … shareholder control and has far-reaching consequences in the balance of power between shareholders and managements.We use the …

decision-making concerning shareholders and stakeholders. In a sample comprising more than nine hundred directors originating … a principled, quasi-ideological stance towards shareholders and stakeholders, called shareholderism, on which they vary …