Shareholder-driven corporate governance / Anita Indira Anand.

Format:

Book

Author/Creator:

Anand, Anita, 1967- author.

Series:

Oxford scholarship online.

Oxford scholarship online

Language:

English

Subjects (All):

Corporate governance--Law and legislation.

Corporate governance.

Stockholders--Legal status, laws, etc.

Stockholders.

Physical Description:

1 online resource (187 pages)

Place of Publication:

New York, NY : Oxford University Press, 2021.

Summary:

This is a text about the ways in which capital markets have come to be shaped by the ubiquity of sophisticated investors. In particular, many of today's investors have the economic might & technical capacity to play a role in the decision-making of the corporations in which they invest. This phenomenon brings with it a host of benefits, such as mechanisms to ameliorate the moral hazard that can exist when the people who bear the risk of corporate activity are different from those who make decisions. A key element of this work is an examination of the ways in which thinking about corporations & capital markets must change to reflect the prevalence of sophisticated shareholders. The book develops a concept - shareholder-driven corporate governance - to explain the role of powerful shareholders & to propose a regulatory scheme that furthers their participation in corporate decision-making.

Contents:

What is Shareholder-driven Corporate Governance?

SCG and Corporate Law Theory

Shareholder Democracy and Shareholder Activism

Activism, Wolf Packs, and SCG

Multiple Voting Share Structures

Shareholders and Takeover Bids : Revisiting the Poison Pill

Policy Choices and conclusions.

Notes:

Previously issued in print: 2019.

Description based on online resource; title from home page (viewed on March 9, 2021).

Includes bibliographical references and index.

ISBN:

0-19-009655-1

0-19-009656-X

0-19-009654-3