Voice-Exit Mechanism and Corporate Governance
نویسندگان
چکیده
The voice-exit mechanism is a critical area of research due to its significant implications for corporate decision-making accountability and transparency. A thorough understanding the advantages disadvantages this can lead development more effective strategies improve governance increase shareholder value. Academic business literature have thoroughly debated analysed notions voice exit mechanisms in governance. Conventional approaches depended on hold management accountable actions, such as activism or selling shares. On other hand, recent has emphasised importance channels, conversations with exercising voting rights, practical methods enhancing Additionally, developments asset industry’s size organisational structure, where “keeping” “selling” stocks are frequently mutually inclusive rather than exclusive, function capital markets now increasingly through share transactions. Because new realities must be adequately included codes conduct, single paradigm abandoned situations favour alternative frameworks that adapt these realities. investigation it explores which shareholders manifest their dissatisfaction company’s performance regarding This paper’s study background methodology depend survey, comparative analysis academic research, expert opinion procedures. They conclude proposals balanced approach includes both alternatives. By enabling stakeholders offer helpful input strengthen foster open responsible culture, complementary voice, aid businesses making educated decisions performance.
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ژورنال
عنوان ژورنال: Modern Economy
سال: 2023
ISSN: ['2152-7245', '2152-7261']
DOI: https://doi.org/10.4236/me.2023.145031