This paper develops a unified theory of blockholder governance and the voting premium. It explains how and why a voting premium emerges in the absence of...
We conduct an exploratory analysis of how researchers can address the issue of ?construct validity?, which poses a major challenge to all studies of the...
We study shareholder voting in a model in which trading affects the composition of the shareholder base. Trading and voting are complementary, which...
News Corp. is currently at the centre of a major corporate crisis, which began in the U.K. with the notorious phone hacking scandals, but is now spreading...