Majority of Minority (MOM) approval is a common mechanism used in many jurisdictions to control conflicts of interest in related party transactions....
We study shareholder voting in a model in which trading affects the composition of the shareholder base. Trading and voting are complementary, which...
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 analyze the impact of a large shareholder disclosing its voting decisions prior to shareholder meetings on final vote outcomes for management and...