This paper examines the impact of controlling shareholders' stock pledge on institutional shareholding using the sample … of Chinese listed firms. Stock pledge means shareholders use stock of listed firms as the pledged assets to apply for … shareholders' stock pledge decreases institutional shareholding significantly and such relation is more remarkable in the subsample …

capital, the rules vest ultimate control of the business in those who provided the equity for the business, the shareholders …. But only all the shareholders acting unanimously have complete authority and discretion in relation to the company …'s affairs. This is in recognition of the fact that shareholders' personal interests are not always aligned and some measure of …

The shareholders are the owners of the corporation. The corporation has a separate legal existence independent of the … and other liabilities of the corporation to third parties). Shareholders generally delegate management and control of the … corporation to the directors and officers, with the directors being elected by a vote of the shareholders; however, under common …