financial markets are opaque, empty voting and hidden ownership can render financial markets unpredictable, unstable, and … inefficient. By contrast, we show that when financial markets are transparent, empty voting and hidden ownership have dramatically …

Commission and policymakers around the world: voting without corresponding financial interest ('empty voting') and the major …

the stage for an analysis of hidden ownership and empty voting that demonstrates why these phenomena are so problematic. … attention from the financial community, as is the exercise of voting power without corresponding economic interest (“empty … voting”). Market participants and commentators have called for expansion of ownership disclosure rules, and policymakers on …

the stage for an analysis of hidden ownership and empty voting that demonstrates why these phenomena are so problematic. … attention from the financial community, as is the exercise of voting power without corresponding economic interest (“empty … voting”). Market participants and commentators have called for expansion of ownership disclosure rules, and policymakers on …

strategy. Some investors have embraced innovative empty voting strategies for decoupling voting rights from cash flow rights …