There is a widespread belief among observers that a lower premium is paid when the target CEO is retained by the acquirer in a private equity deal because...
Corporate purpose is the hot topic in corporate governance. Critics are calling for corporations to shift their purpose away from shareholder value as a...
This is the first comprehensive study of the distribution of voting rights to shareholders. Only those owning stock on the record date may vote. Firms,...
Hedge funds have become active in corporate governance. They push for changes in strategy and the adoption of specific business plans. Their tactics...