, but allowing shareholders to vote on more issues, such as executive compensation, may not affect the quality of governance … large shareholders and management. This is because majority rule offers little incentive for small shareholders to vote. I … majority of voters. Therefore, for issues on which management and small shareholders are likely to agree, majority rule is a …

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 …

of associations have no major impact on shareholders' engagements. Corporate performance and other governance mechanisms … debate of shareholder empowerment. The agenda and hence the role of shareholders should be restructured. The AGM should be …

This is the first comprehensive study of the distribution of voting rights to shareholders. Only those owning stock on …