derive empirical predictions for the direction of correlation and for whether governance is stronger or weaker with multiple …

derive empirical predictions for the direction of correlation and for whether governance is stronger or weaker with multiple …

This paper reviews the theoretical and empirical literature on the role of blockholders (large shareholders) in … corporate governance. We start with the underlying property rights of public corporations; we discuss how blockholders are … critical in addressing free-rider problems and why, like owners of private property in general, blockholders are likely to be …

examines the impact of multiple large shareholders (MLS) on abnormal stock trading halts. The results reveal that listed …-controlling shareholders increase, their inhibitory effect on arbitrary stock trading halts is more significant. Channel tests suggest that MLS … can restrain abnormal stock trading halts by reducing the tunnelling activities by controlling shareholders, increasing …