Adopting one governance
proposal increases shareholder value by 2.8 %.
Not exact matches
In contrast, governance reformers argue that
shareholder proposals are needed to counteract managerial agency problems, and can be used to
increase firm
value.
The new
shareholder proposal, which has been put forth by the B.C. Government and Service Employees» Union general fund, is being presented as a way to improve corporate governance and
increase shareholder value.
The evidence suggests that some union
proposals are intended to influence collective bargaining outcomes rather than maximize
shareholder value, and that
increasing proposal rights will not necessarily help
shareholders at large if some
shareholders use those rights to advance their private interests.
Improving democracy inside firms, so that
shareholder proposals that fall short of the majority threshold pass, would be
value -
increasing.