Opportunistic Proposals by Union Shareholders

Corporate Governance Objectives of Labor Union Shareholders

Labor union shareholders have become increasingly vocal in matters of corporate governance, however, their motives have been subject to much debate in the academic literature and business press. I examine the proxy votes of AFL-CIO pension funds in director elections of 504 companies from 2003 to 2006. Using the 2005 AFL-CIO breakup as a source of exogenous variation in the union affiliations o...

Shareholders’ Pre-Emptive Rights

Proposals by Czechoslovak Botanists

Large Shareholders and Corporate Control

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Shareholders vs Stakeholders Capitalism