Shareholder Activism and the Law

Released on by Ekrem Solak
preview-18

  • Shareholder Activism and the Law Book Detail

  • Author : Ekrem Solak
  • Release Date : 2020-05-04
  • Publisher : Routledge
  • Genre : Law
  • Pages : 237
  • ISBN 13 : 1000069745
  • File Size : 63,63 MB
DOWNLOAD BOOK

Shareholder Activism and the Law by Ekrem Solak PDF Summary

Book Description: This book provides a complete framework for contemporary shareholder activism and its implications for US corporate governance, which is based on director primacy theory. Under director primacy theory, shareholders do not wish to be involved in the management of the company; in the rare event that they wish to be involved, it is considered a transfer of power from the board of directors to shareholders, which in turn reduces the efficiency of centralised decision-making in public companies. However, this book demonstrates that shareholders do not use their power to transfer corporate control from the board to themselves, and that some form of shareholder activism is even collaborative, which is a new paradigm for US corporate governance. This book shows that while monitoring remains a key contribution of shareholders, they also bring new informational inputs to corporate decision-making that could not be obtained under the traditional board model. Accordingly, contemporary shareholder activism enhances the board’s decision-making and monitoring capacity, without undermining the economic value of the board's authority. Therefore, this book argues that the complete approach of contemporary shareholder activism should be accommodated into US corporate governance. In doing so, this book considers not only legal and regulatory developments in the wake of the 2007–2008 financial crisis, but also the governance developments through by-law amendments. Furthermore, the author makes several recommendations to soften the current director primacy model: establishing a level playing field for private ordering, adopting the proxy access default regime, the majority voting rule, the universal proxy rules, and enhancing the disclosure requirements of shareholders. The book will be of interest to academics and students of corporate governance, both in the US and internationally.

Disclaimer: www.yourbookbest.com does not own Shareholder Activism and the Law books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Shareholder Activism and the Law

Shareholder Activism and the Law

File Size : 23,23 MB
Total View : 7586 Views
DOWNLOAD

This book provides a complete framework for contemporary shareholder activism and its implications for US corporate governance, which is based on director prima

Corporate Group Legitimacy

Corporate Group Legitimacy

File Size : 18,18 MB
Total View : 1292 Views
DOWNLOAD

This book focuses on the legitimacy of corporate power wielded by corporate groups, integrating legal doctrine, economic analysis, and theoretical approaches. I

Independent Thinking on MFL

Independent Thinking on MFL

File Size : 63,63 MB
Total View : 4566 Views
DOWNLOAD

Crista Hazell's Independent Thinking on MFL: How to make modern foreign language teaching exciting, inclusive and relevant takes teachers on a tour of how to ge

Proceedings of IAC-TLEl 2017

Proceedings of IAC-TLEl 2017

File Size : 65,65 MB
Total View : 1634 Views
DOWNLOAD

International Academic Conference on Teaching, Learning and E-learning in Budapest, Hungary 2017 (IAC-TLEl 2017), Friday - Saturday, April 14 - 15, 2017