FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2184727404> ?p ?o ?g. }

• W2184727404 abstract "This paper presents an innovative approach to the regulation of self-dealing by controlling shareholders. Our proposal is grounded on the identification -through the lenses of economic analysis- of the shortcomings inherent in the existing legal solutions, ranging from the absolute prohibition of selfdealing, to the prohibition of voting with conflicting interests, or to the imposition of fairness duties to the majority shareholders. We present our proposal for an alternative regulation, a carrot and stick approach, in a two period game between the controlling shareholder, who is able to pursue an identified self-dealing opportunity, and the minority shareholders, who desire to determine the merits of this business opportunity. We show that our regulatory proposal is more efficient than existing regulation in the circumstances of our model. The enhanced efficiency of our proposed regime is mainly due to two novel characteristics of our approach. First, it takes advantage of the repeated nature of the relationship between the controller and the corporation. In particular, our proposal implies that obtaining future private benefits requires limiting current private benefits. By doing this we can provide at no cost an additional incentive that aligns the interest of the controller with that of the small shareholders. Second, we allow the controller to determine the level of private benefi ts that he will extract in each period and apply an automatic penalty for excessive levels. By doing this we eliminate both the costs of collective action, and the costs of legal action that critically affect the outcome of the existing regulatory regimes." @default.
• W2184727404 created "2016-06-24" @default.
• W2184727404 date "2010-01-01" @default.
• W2184727404 modified "2023-09-25" @default.
• W2184727404 title "A Carrot and Stick Approach to Discipline Self-Dealing by Controlling Shareholders" @default.
• W2184727404 cites W148760372 @default.
• W2184727404 cites W1492278916 @default.
• W2184727404 cites W1514824458 @default.
• W2184727404 cites W1531034856 @default.
• W2184727404 cites W1545086431 @default.
• W2184727404 cites W1560803879 @default.
• W2184727404 cites W1821310019 @default.
• W2184727404 cites W1837747855 @default.
• W2184727404 cites W1841090196 @default.
• W2184727404 cites W1841303267 @default.
• W2184727404 cites W1968663026 @default.
• W2184727404 cites W1991795148 @default.
• W2184727404 cites W1992556681 @default.
• W2184727404 cites W2005998587 @default.
• W2184727404 cites W2007252106 @default.
• W2184727404 cites W2018650603 @default.
• W2184727404 cites W2042164689 @default.
• W2184727404 cites W2053074030 @default.
• W2184727404 cites W20542653 @default.
• W2184727404 cites W2099199959 @default.
• W2184727404 cites W2106179625 @default.
• W2184727404 cites W2114558487 @default.
• W2184727404 cites W2127839771 @default.
• W2184727404 cites W2134304563 @default.
• W2184727404 cites W2135241016 @default.
• W2184727404 cites W2140511050 @default.
• W2184727404 cites W2140740451 @default.
• W2184727404 cites W2141127528 @default.
• W2184727404 cites W2143476946 @default.
• W2184727404 cites W2151458238 @default.
• W2184727404 cites W2152207698 @default.
• W2184727404 cites W2154083654 @default.
• W2184727404 cites W2155263283 @default.
• W2184727404 cites W2157092058 @default.
• W2184727404 cites W2163568918 @default.
• W2184727404 cites W2165717995 @default.
• W2184727404 cites W2166877652 @default.
• W2184727404 cites W2171247542 @default.
• W2184727404 cites W2171410679 @default.
• W2184727404 cites W2501031287 @default.
• W2184727404 cites W2752617332 @default.
• W2184727404 cites W3021569990 @default.
• W2184727404 cites W3021738840 @default.
• W2184727404 cites W3121626894 @default.
• W2184727404 cites W3121673021 @default.
• W2184727404 cites W3121776795 @default.
• W2184727404 cites W3121831391 @default.
• W2184727404 cites W3122329265 @default.
• W2184727404 cites W3122387899 @default.
• W2184727404 cites W3122675948 @default.
• W2184727404 cites W3123091495 @default.
• W2184727404 cites W3123337112 @default.
• W2184727404 cites W3123379105 @default.
• W2184727404 cites W3123392810 @default.
• W2184727404 cites W3123410172 @default.
• W2184727404 cites W3123715803 @default.
• W2184727404 cites W3123724460 @default.
• W2184727404 cites W3123748565 @default.
• W2184727404 cites W3124176774 @default.
• W2184727404 cites W3124818576 @default.
• W2184727404 cites W3125469707 @default.
• W2184727404 cites W3125690780 @default.
• W2184727404 cites W642424012 @default.
• W2184727404 cites W645253604 @default.
• W2184727404 cites W7394806 @default.
• W2184727404 cites W574732003 @default.
• W2184727404 doi "https://doi.org/10.2139/ssrn.1549403" @default.
• W2184727404 hasPublicationYear "2010" @default.
• W2184727404 type Work @default.
• W2184727404 sameAs 2184727404 @default.
• W2184727404 citedByCount "4" @default.
• W2184727404 countsByYear W21847274042014 @default.
• W2184727404 countsByYear W21847274042019 @default.
• W2184727404 crossrefType "journal-article" @default.
• W2184727404 hasConcept C10138342 @default.
• W2184727404 hasConcept C120757647 @default.
• W2184727404 hasConcept C144133560 @default.
• W2184727404 hasConcept C33923547 @default.
• W2184727404 hasConcept C39389867 @default.
• W2184727404 hasConcept C41008148 @default.
• W2184727404 hasConceptScore W2184727404C10138342 @default.
• W2184727404 hasConceptScore W2184727404C120757647 @default.
• W2184727404 hasConceptScore W2184727404C144133560 @default.
• W2184727404 hasConceptScore W2184727404C33923547 @default.
• W2184727404 hasConceptScore W2184727404C39389867 @default.
• W2184727404 hasConceptScore W2184727404C41008148 @default.
• W2184727404 hasLocation W21847274041 @default.
• W2184727404 hasOpenAccess W2184727404 @default.
• W2184727404 hasPrimaryLocation W21847274041 @default.
• W2184727404 hasRelatedWork W1532292200 @default.
• W2184727404 hasRelatedWork W2139080050 @default.
• W2184727404 hasRelatedWork W2351955423 @default.
• W2184727404 hasRelatedWork W2361728297 @default.
• W2184727404 hasRelatedWork W2363092313 @default.
• W2184727404 hasRelatedWork W2386978633 @default.

• next