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 …

exemption for transactions with wholly owned subsidiaries allows controlling shareholders to circumvent the rule extensively … shareholders and creditors. Hence, if the Commission choses to go down this route it might end up with a comprehensive regulation …

This paper investigates the role that shareholders may play in corporate governance by analysing the European … aiming at strengthening shareholders' voice in general meetings on the assumption that this is a prerequisite for sound … same time, may play a significant role in improving corporate governance by balancing the power of dominant shareholders …

‘Shareholder rights' are the legal entitlements of shareholders via-a-vis companies in which they invest. A large body … that without accountability, managers and dominant shareholders will use their power to further their own interests at the … rights in ways that can be excessive. This can harm not only other constituencies but also shareholders, as it can promote …

current proposal relies exclusively on shareholders to drive the shift to a longer-term perspective. Especially after the … financial crisis, there is no clear reason for this exclusive reliance on shareholders. Although shareholders have and should … have specific rights in corporate governance, shareholders do not own companies. Their relationship with the company is a …