Decoupling Economic Rights from Voting Rights: A Threat to the Traditional Corporate Governance Paradigm

作者: Klaas Vanneste

DOI: 10.1017/S1566752914001037

关键词:

摘要: The traditional legal and economic theory of the company is based on foundational understanding that equity ownership a bundle ‘cash flow rights’ ‘voting rights’. However, this assumption no longer adequate in today’s financial reality.

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