Shareholders
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Diversity of Shareholder Stewardship in Asia: Faux Convergence
In 2010, when the United Kingdom enacted the world’s first stewardship code (UK Code), the impetus behind it was clear.
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Growing Up Under Mao and Deng: On the Ideological Determinants of Corporate Policies
Throughout history, economic activities have been fundamentally shaped by ideology.
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Equity Issuance Methods and Dilution
A major friction in capital markets are information asymmetries, which can lead to mispricing of shares.
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Retail Shareholder Participation in the Proxy Process: Monitoring, Engagement, and Voting
A central premise of corporate governance research is the shareholder collective action problem. Shareholders, the ultimate economi
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Stakeholder Impartiality: A New Classic Approach for the Objectives of the Corporation
The stockholder/stakeholder dilemma has occupied corporate leaders and corporate lawyers for over a century. Most recentl
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Managerial Response to Shareholder Empowerment: Evidence from Majority Voting Legislation Changes
This paper studies managerial reaction to shareholder empowerment that strengthens shareholder voting, a form of direct democracy.
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