We investigate the relation between corporate governance characteristics of hostile takeover targets and the choice to … employ 'harmful' resistance that is not perceived as being motivated by shareholders' interests. We find that harmful …

, institutional shareholders are redirecting their investment strategies away from a focus on short-term returns, in such a way as to …

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 …

The Fortis Bank takeover court case demonstrates how shareholders' claims can make a merger and takeover case less … speedy and, indeed, more costly. The case also raises a number of legal issues relating to corporate governance in a takeover … situation such as the role of minority shareholders, the role of the state vis-à-vis the board in a financial rescue plan, the …

corporate governance scholars should understand the nonfinancial motivations of shareholders when evaluating potential conflicts … controlling-versus-minority shareholders. Lastly, the PP literature should shift its rhetoric from conflicts to a good balance …