Corporate Board Elections and Company's Performance
AbstractThis paper surveys models of cumulative voting in corporate elections that have appeared in the literature. The influence of cumulative voting on company performance and proxy contests is analyzed. The practical issues as well as theoretical aspects of cumulative voting are studied. The particular section is devoted to gametheoretical modeling of the cumulative voting for corporate directors.
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Bibliographic InfoArticle provided by New Economic Association in its journal Journal of the New Economic Association.
Volume (Year): 16 (2012)
Issue (Month): 4 ()
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board of directors; corporate governance; cumulative voting;
Find related papers by JEL classification:
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
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- Heron, Randall A. & Lewellen, Wilbur G., 1998. "An Empirical Analysis of the Reincorporation Decision," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 33(04), pages 549-568, December.
- Karpov, A., 2011. "A Model of Corporate Board of Directors Elections," Journal of the New Economic Association, New Economic Association, issue 12, pages 10-23.
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