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Excess cash has both positive and negative implications on shareholder value.
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The potential implications for shareholder activism of the SEC's recent proposal to require universal proxy cards, including the extent to which the ability of dissidents to include management nominees on their cards may give them an advantage in waging a low-cost proxy battle at companies with a concentrated shareholder base.
In our new paper, we examine the relationship between policy uncertainty and M&A and the implications for shareholder value.
When insiders trade on the basis of their private information, their activities have important implications for shareholders.
Speaking on Wednesday, the Bank of England's chief economist, Andy Haldane, warned that high executive remuneration could have adverse implications for shareholders.
Our findings also have implications for shareholders and regulators.
If so, some groups in this diverse field are likely to fare better than others, with implications for shareholders.
He has current research projects on the valuation implications of corporate governance, the impact of proxy advisory firms on shareholder proxy voting and modeling the cost of executive stock options.
Engagement on Shareholder Proposals.
Two other essays are on shareholder activism.
On September 18 , 2014 Gibson Dunn hosted a webcast on shareholder activism.
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