This article explores the rising tension between shareholder and director power in the common law world. First the … common law jurisdictions. Secondly, the article discusses power shifts in the opposite direction – namely toward the board … rules designed to enhance shareholder power, and commercial practices designed to subvert it. It shows how strategic …

, less balance of power among large shareholders, and weaker board characteristics. Research limitations/implications: The …

Corporate governance studies typically assume that the CEO is the main locus of business power. However, when the CEO … for comparing the relative power of Chairmen vis-à-vis CEOs and apply it to 204 firms in France and 215 firms in Brazil … performance and board tenure are positively associated with Chairmen’s power. Because the Chairman’s individual power has not been …

. Overall, our results show that an individual’s or a subgroup’s share of power and influence, not just numerical strength …

politicians around the world. We provide new insights to this ongoing discussion by applying power indices from game theory to … examine the actual voting power of employees on boards and its effect on firm performance. Based on unique panel data on the … largest listed companies in Germany, we find an inverse U-shaped relationship between labor power and Tobin's Q. Moderate …

effect. It further varies with politicians power, firm size and governance, and connection strength, and diminishes as a …

This article examines the Proper Purpose Rule and the Exercise of Directors' Power in the recent JKX case as decided by … decision is also significant in re-affirming the conventional approach of an English takeover regime towards restricted power …

Shareholder valuations are economically and statistically positively correlated with independent directors' power …, gauged by social network power centrality. Powerful independent directors' sudden deaths reduce shareholder value …