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Are All Shareholders the Same?
The existing literature on common ownership to this point has treated all shareholders the same.
Unfortunately for small-time shareholders, the same deference is demanded by Hong Kong's less-talented tycoons.
This in turn is good news for risk-neutral firm shareholders: the same level of agent utility can be offered with lower expected pay.
The answer is Citigroup's shareholders — the same people who were arguably defrauded by its failure to disclose its exposure to subprime mortgages in the first place.
Banks had to be nationalized, though compensation would be given to shareholders; the same would apply to the more important commercial companies.
Similar(48)
Mr Lerach's introduction of corporate-governance reforms into settlements helps him win round conservative judges (who, because settlements usually transfer funds from a company, already owned by its shareholders, to the same shareholders, minus fat legal fees, have tended to see shareholder suits as a negative-sum game).
Any merger or sale would have to pay every equity shareholder the same price per share.
If the acquisition were to be completed before then, Deutsche Telekom's bylaws would have required the company to pay every VoiceStream shareholder the same cash dividend that it pays its own shareholders.
If the acquisition were completed before then, Deutsche Telekom's bylaws would require the company to pay every VoiceStream shareholder the same cash dividend that it pays its own shareholders.
Initiating a government intervention will not help reduce inequality as it will benefit the small interest groups and their shareholders, since the same CEOs and members of BODs often happen to be the main shareholders.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com