Large Shareholder Activism in Corporate Governance in Emerging Economies: Evidence from India
This paper provides evidence on the role of large shareholders in monitoring company value from a developing country, India, whose corporate governance system is a hybrid of the ousider-dominated-market-based systems of the UK and the US and the insider-dominated-bank-based systems of Germany and Japan. The picture of large-shareholder monitoring that emerges from our case study of Indian corporates is a mixed one.
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|Date of creation:||1999|
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