Academic Journal

The Bylaw Battlefield: Can Institutions Change the Outcome of Corporate Control Contests?

التفاصيل البيبلوغرافية
العنوان: The Bylaw Battlefield: Can Institutions Change the Outcome of Corporate Control Contests?
المؤلفون: Coffee, John C., Jr.
المصدر: Faculty Scholarship
بيانات النشر: Scholarship Archive
سنة النشر: 1997
المجموعة: Columbia Law School: Scholarship Repository
مصطلحات موضوعية: bylaw amendment, corporate governance, Securities and Exchange Commission (SEC), Revised Model Business Corporation Act, shareholder approval, University of Miami Law Review, Business Organizations Law, Courts, Law, Law and Economics
الوصف: What, if anything, can institutional investors do to influence the course and outcome of corporate control contests? The traditional answer was relatively little. To be sure, institutions could tender their shares in a tender offer or vote in a proxy contest to oust the incumbent board, but such a role was essentially reactive and contingent. It required that an offer actually be made before institutions could respond on an after-the-fact basis. Similarly, institutions have occasionally conducted precatory proxy campaigns calling upon the board to redeem its poison pill, but management was free to ignore these requests (and has done so).
نوع الوثيقة: text
وصف الملف: application/pdf
اللغة: unknown
Relation: https://scholarship.law.columbia.edu/faculty_scholarship/525; https://scholarship.law.columbia.edu/context/faculty_scholarship/article/1578/viewcontent/Coffee___The_Bylaw_Battlefield.pdf
الاتاحة: https://scholarship.law.columbia.edu/faculty_scholarship/525
https://scholarship.law.columbia.edu/context/faculty_scholarship/article/1578/viewcontent/Coffee___The_Bylaw_Battlefield.pdf
رقم الانضمام: edsbas.7F30A25E
قاعدة البيانات: BASE