Showing 1 - 10 of 180,182
This paper analyses lawsuits against shareholders' resolutions according to the German Stock Corporation Act (AktG) and … lawsuit is pending with a court. In particular, mergers have to be implemented without any delay. The minority shareholders … voting power of minority shareholders and create incentives to use the real option inefficiently. Therefore, the majority …
Persistent link: https://www.econbiz.de/10013058808
non-targets, those firms granting fewer rights to outside shareholders experience a more positive stock price reaction …
Persistent link: https://www.econbiz.de/10013148138
Persistent link: https://www.econbiz.de/10014429606
paradox for both the literature and the law, (ii) IIs have interests that do not coincide with those of other shareholders …
Persistent link: https://www.econbiz.de/10013102462
paradox for both the literature and the law, (ii) IIs have interests that do not coincide with those of other shareholders …
Persistent link: https://www.econbiz.de/10012906088
companies and revealing how these institutional investors behave and vote at shareholders' meetings. The results show growing …
Persistent link: https://www.econbiz.de/10012867429
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 …
Persistent link: https://www.econbiz.de/10013230898
Shareholder activism has sharply increased over the past decade and spread both across countries and among different types of investors. Today, 50% of all engagements occur outside North America, with non-hedge fund investors accounting for one-third of all engagements. We investigate the...
Persistent link: https://www.econbiz.de/10013241045
Shareholder say-on-pay votes allow institutional investors to influence the incentives of managers and, consequently, corporate behaviour. Surprisingly, the preferences of investors on executive compensation have been largely overlooked in the ongoing debates on sustainable corporate behaviour....
Persistent link: https://www.econbiz.de/10014254709
.S. But we argue that outside investors in European listed firms with controlling shareholders are poorly protected compared … shareholders rather than shielding passive investors, is not well suited for controlled, listed firms. This approach translates … into a lack of definition and development of specific fiduciary duties of the controlling shareholders towards market …
Persistent link: https://www.econbiz.de/10012940905