This paper provides evidence on the incidence, characteristics, and performance of activist engagements across countries. We find that the incidence...
There is growing interest in the phenomenon of international or transnational corporate law. This development is marked by its complexity. It involves...
This paper studies the effect of stock liquidity on blockholder governance. Conditional upon acquiring a stake, liquidity reduces the likelihood that...
This paper argues that the key mechanisms protecting portfolio investors in public corporate securities are indirect. They do not rely on actions by the...