Research handbook on shareholder power / edited by Jennifer G. Hill, Randall S. Thomas ; contributors, Stephen M. Bainbridge [and thirty-eight others].

Format:

Book

Contributor:

Hill, Jennifer G. (Jennifer Gae), editor.

Thomas, Randall S., 1955- editor.

Bainbridge, Stephen M., contributor.

Series:

Research handbooks in corporate law and governance.

Research Handbooks in Corporate Law and Governance

Language:

English

Subjects (All):

Stockholders--Legal status, laws, etc.

Stockholders.

Physical Description:

1 online resource (638 p.)

Place of Publication:

Cheltenham, England ; Northampton, Massachusetts : Edward Elgar Publishing, 2015.

Language Note:

English

Summary:

Much of the history of corporate law has concerned itself not with shareholder power, but rather with its absence. Recent shifts in capital market structure require a reassessment of the role and power of shareholders. These original, specially commissioned contributions by leading scholars in corporate law and financial economics provide a contemporary analysis of shareholder power and consider the regulatory consequences of changing ownership patterns around the world. The book begins with chapters on shareholder activism by institutional investors, hedge funds, and controlling shareholders. Further chapters explore the relationship between shareholders and the board of directors, shareholder activism around mergers and acquisitions, and turf battles during shareholder litigation. The final section offers a number of international perspectives on shareholder power in Asia, Europe, and the Americas. Students and scholars of corporate law will value the Handbook's timely exploration of modern shareholder power as well as its fresh perspective and scope.

Contents:

""Cover""; ""Copyright""; ""Contents""; ""Contributors""; ""Acknowledgments""; ""Introduction""; ""PART I SHAREHOLDER POWER -THEN AND NOW""; ""1. Shareholder power in America, 1800-2000: a short history""; ""2. Agency capitalism: further implications of equity intermediation""; ""3. Images of the shareholder - shareholder power and shareholder powerlessness""; ""PART II IMPORTANT SHAREHOLDER CATEGORIES""; ""Section A Institutional Investors""; ""4. Thirty years of evolution in the roles of institutional investors in corporate governance""; ""Section B Hedge Funds""

""5. US hedge fund activism""""6. Hedge fund activism in Europe: does privacy matter?""; ""Section C Controlling Shareholders""; ""7. Ownership and control in family business groups around the world""; ""8. The leximetric research on shareholder protection""; ""Section D The State as Controlling Shareholder""; ""9. Shareholder rights in China: from book to action""; ""PART III OWNERSHIP AND GOVERNANCE: THE EVOLVING RELATIONSHIP BETWEEN SHAREHOLDERS AND THE BOARD OF DIRECTORS""; ""10. Conceiving corporate commitment: creation and confirmation""

""11. Preserving director primacy by managing shareholder interventions""""12. Boards of directors and corporate performance under a team production model""; ""13. Independent directors and controlling shareholders around the world""; ""PART IV SHAREHOLDER POWER IN ACTION""; ""14. Serial takeovers, large shareholders, and CEOs' equity-based compensation""; ""15. Say on pay""; ""16. Whose law is it? Battling over turf in shareholder litigation""; ""PART V INTERNATIONAL PERSPECTIVES ON SHAREHOLDER POWER""; ""Section A Europe""; ""17. Shareholders in the United Kingdom""

""18. Institutional investor activism in a context of concentrated ownership and high private benefits of control: the case of Italy""""19. Changing law and ownership patterns in Germany: corporate governance and the erosion of Deutschland AG""; ""Section B USA and South America""; ""20. The power of shareholders in the United States""; ""21. The theory and practice of corporate voting at US public companies""; ""22. Corporate control and governance after a decade from 'Novo Mercado': changes in ownership structures and shareholder power in Brazil""; ""Section C Asia""

""23. Multiple faces of shareholder power in Asia: complexity revealed""""24. Dynamics of shareholder power in Korea""; ""25. The future of Japanese corporate governance: Japan's internal governance and development of Japanese-style external governance through engagement""; ""26. Shareholder empowerment in controlled companies: the case of Singapore""; ""27. Shareholder power in India""; ""Index""

Notes:

Description based upon print version of record.

Includes bibliographical references at the end of each chapters and index.

Description based on online resource; title from PDF title page (ebrary, viewed August 10, 2015).

ISBN:

1-78254-685-5