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CSR involves the management of a corporation using the resources of that corporation to promote the welfare of non-shareholders …, however, promoting the welfare of non-shareholders may be expected to compromise the economic interests of shareholders to … of shareholder primacy, Zero-Sum CSR appears morally problematic. This principle says that shareholders have a unique and …
Persistent link: https://www.econbiz.de/10012988885
the EU to shareholders as active corporate governance gatekeepers and drivers of its long-term sustainability agenda. It … considerable normative gap between the EU narrative of engagement and the challenge of engaging shareholders away from self …
Persistent link: https://www.econbiz.de/10012914382
and depositors and preserve the health of financial markets. In the process, shareholders are wiped out. Scholars and … default risk of U.S. banks. This Article addresses this question. First, it shows that five asset managers - BlackRock … the largest 26 U.S. banks. As shareholders-of-record representing the savings of mutual and other fund holders, these …
Persistent link: https://www.econbiz.de/10012902246
This paper reviews the theoretical and empirical literature on the role of blockholders (large shareholders) in …
Persistent link: https://www.econbiz.de/10012903026
claims that state and federal authorities should secure even-handed procedures so as to give both shareholders and managers a … potential for managerial opportunism by refusing to propose amendments that empower shareholders or by pursuing amendments that … favor managers. While shareholder approval can theoretically serve as a check against such opportunism, dispersed …
Persistent link: https://www.econbiz.de/10012903567
culture: it increases results-orientation but decreases customer-focus, integrity, and collaboration. Shareholders initially …-induced changes in culture are not in shareholders' long-term interests since firm value declines by 1.4% through this channel …
Persistent link: https://www.econbiz.de/10012905162
The increasing financialization of America's large public companies has profoundly affected labor markets. Wages are stagnant, income inequality has grown, and corporate America is no longer a provider of stable employment for middle-class workers. Common explanations include globalization, the...
Persistent link: https://www.econbiz.de/10012908834
One of the measures foreseen in the Shareholder Rights Directive for enhancement of the rights of shareholders is the …
Persistent link: https://www.econbiz.de/10012910268
Persistent link: https://www.econbiz.de/10012884519
federal securities regulation. The Shareholders United Act (the “Act”) — passed by the House of Representatives as part of H … political spending, public companies poll shareholders on how they want corporate political dollars to be spent, or not spent ….The Act offers an answer to the question as a matter of corporate democracy, what do shareholders need to know about how …
Persistent link: https://www.econbiz.de/10012890216