Convocation of shareholders meeting

U.G. Convocation Address

Shareholders’ Pre-Emptive Rights

Large Shareholders and Corporate Control

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Shareholders vs Stakeholders Capitalism

Advising Shareholders In Takeovers

This paper studies the advisory role of a target company board in takeovers. I show that coordination failures among target shareholders, such as free-riding, limit the board’s ability to properly advise shareholders whether accepting a takeover o¤er is in their best interest based on its information. Even if there are no agency problems and the board’s objective is to maximize shareholders’val...