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shareholders. This paper examines whether this form of engagement mitigates activism that relies upon support from other … shareholders. We find that IR engagement is associated with increased investor confidence in management and the board, as well as a … factor in achieving mutual understanding and trust between the firm and its shareholders, which deters activist investors and …
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purpose debate from a different point of view: that of the shareholders. Specifically, we seek to critically assess the … assumptions about shareholders embedded in the shareholder value maximization doctrine and examine the implications of three … contemporary shareholding practices: (a) shareholders investing concurrently in competing firms, (b) residual-risk bearing …
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of the shares; however, it has been transplanted into jurisdictions where controlling shareholders predominate and … institutional shareholders are collectively minority shareholders. This Chapter addresses an important question that naturally flows … from this reality: what ought to be the role of shareholder stewardship in a world dominated by controlling shareholders …
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persisted to manufacture and market the drug to secure profits for shareholders. At first instance, the trial judge awarded …: shareholders, patients, or both? This paper briefly answers that question by critically analysing the market impact of the … governance which encompasses a value duty of virtue to shareholders that potentially meets the interests of both shareholders and …
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as lack of accountability to shareholders, corrupt CEO's, inefficient boards of directors and fraud in many public …. Although companies claim to be run in the best interest of shareholders, there is a need to assess whether what obtains is a …
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We use the Business Roundtable's challenge to the SEC's 2010 proxy access rule as a natural experiment to measure the value of shareholder proxy access. We find that firms that would have been most vulnerable to proxy access, as measured by institutional ownership and activist institutional...
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or stock indices. In theory, equity swaps would result in the separation of economic interests of shareholders from their …
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