Retail Shareholder Participation in the Proxy Process: Monitoring, Engagement, and Voting
A central premise of corporate governance research is the shareholder collective action problem. Shareholders, the ultimate economi
A central premise of corporate governance research is the shareholder collective action problem. Shareholders, the ultimate economi
The stockholder/stakeholder dilemma has occupied corporate leaders and corporate lawyers for over a century. Most recentl
This paper studies managerial reaction to shareholder empowerment that strengthens shareholder voting, a form of direct democracy.
Firms with strong corporate governance are often likened to democracies.