institutional investors have led the charge in this area. For votes on mergers and acquisitions, shareholders do not block all bad … acquisitions but do push the scales towards maximizing company value. For management compensation proposals, shareholders appear … breaks out, shareholders wield immense influence. These contests tend to have significant benefits for the corporation …

for the EU to better insulate managers from shareholder pressure. But the evidence offered---rising levels of repurchases …

corporate managers agree to a merger and then suffer a change of heart. Specifically, it uses the Delaware case of IBP, Inc. v …. Tyson Foods, Inc, to demonstrate how the obligations imposed on corporate managers by corporate law doctrine and by contract … law doctrine may conflict in the merger context. In that context, a seller seeking to avoid a binding merger agreement …