Shareholder Empowerment: A New Era in Corporate Governance

Front Matter....Pages i-xii
Shareholder Empowerment: An Introduction....Pages 1-32
Front Matter....Pages 33-33
Combining Financial and Psychological Insights for a New Typology of Ownership....Pages 35-61
Is Shareholder Empowerment a “Good Thing”?....Pages 63-79
Shareholder Democracy as a Misbegotten Metaphor....Pages 81-102
“Agents without Principals” Revisited: Theorizing the Effects of Increased Shareholder Participation in Corporate Governance....Pages 103-135
Boards and Shareholders: Bridging the Divide....Pages 137-154
The Twilight of the Berle and Means Corporation....Pages 155-168
Front Matter....Pages 169-169
Managerialism versus Shareholderism: An Examination of Hedge Fund Activism....Pages 171-199
Religious Organizations as Shareholders: Salience and Empowerment....Pages 201-222
Angel Investors: Early Firm Owners....Pages 223-238
Privatization and Principal-Principal Conflicts in Transition Economies....Pages 239-265
Institutional Change and Ownership Patterns in Italy....Pages 267-296
Local Repairs in Light of Global Ideals: Corporate Governance Reforms and Firm Ownership around the World....Pages 297-321
Back Matter....Pages 323-335