Articles with "active shareholders" as a keyword



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Weak Governance by Informed Active Shareholders

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Published in 2020 at "Review of Financial Studies"

DOI: 10.1093/rfs/hhaa052

Abstract: Do informed shareholders who can influence corporate decisions improve governance? We demonstrate this may not be generally true in a model of takeovers. The model suggests that a shareholder’s ability to collect information and trade… read more here.

Keywords: value; weak governance; active shareholders; governance informed ... See more keywords