Corporations: Derivative Suits: Stockholder Demand as Condition Precedent

Live birth: a condition precedent to recognition of rights.

Farm Corporations as Agropolitan Development in Iran

This article wants to propose this theory that Farm Corporations are agropolitan development models in Iran. As over-concentrating investments to the urban areas did not lead to a trickledown effect to the rural areas. To the extreme, there are ideas to minimize linkages with the urban economy, and to make the rural areas pursue self-sufficiency by maximizing its potentials. However, against th...

Multinational Corporations as Differentiated Networks

Multinational corporations are considered as a differentiated network of interorganizational (HQ-subsidiary) relations. Using data from 66 of the largest North American and European multinationals it is shown that four naturally existing clusters of subsidiaries can be found on the basis of the complexity of the external environment faced by the subsidiary and its organizational resources. Cent...

Shell suits

It’s a problem not widely faced amongst animals: but, for those such as beetles and turtles with hard, round shells, it is serious. Ending upside down presents a major, lifethreatening problem if they are unable to right themselves pretty quickly. A new study of this convex problem is reported by Gabor Domokos at the Budapest University of Technology and Economics and Peter Varkonyi at Princeto...

Does Takeover Increase Stockholder Value?

Yes. We modify the calendar-time portfolio regressions approach to measure the abnormal returns of a takeover portfolio composed exclusively of successful bidders and targets from 1963 to 1995. This technique balances the announcement-period effects against the alleged post-announcement drift that is commonly thought to accompany takeovers. By using a GARCH(1,1) error specification, we overcome...