controlling shareholder cannot divert output in one firm with perfect investor protection for minority shareholders and where he … evidence: (i) poorer investor protection in the cross-sectional economy enables the controlling shareholder to hold less shares … prices by solving the shareholders' consumption-portfolio problems in equilibrium, our model features the effect of investor …

benefits of these recent developments alongside the threats they pose to investor protection, arguing that many of the … purported benefits of SPAC mergers and direct listings are overstated and, in any case, fail to justify the erosion of investor … protection implicit in these transactions—a further degradation of critical safeguards. Our focus on deal structure is novel and …

all rule changes proposed by the NYSE), it improperly put the advantages to companies before investor protection. While …

the effectiveness of the SSRA mechanism for investor protection in practice. This article finds that the SSRA mechanism is …, which has been proven effective for investor protection in the Kangmei case …