Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book explores the impact of coercive dual-class stock exchange offers on outside shareholders and the potential for shareholder wealth erosion. The author analyzes how these offers are structured to entice shareholders with higher dividends for limited voting stock, creating a prisoner's dilemma scenario that leads to collective value destruction. Despite receiving higher dividends, shareholders lose their ability to receive takeover premiums due to the veto power granted to insiders, resulting in stock price declines. The book also examines alternative methods for dual-class equity capitalization that avoid coercion, such as using capital markets to set exchange terms. By shedding light on the complexities and potential risks of dual-class exchange offers, this book contributes to the understanding of contemporary corporate governance practices and provides valuable insights for investors, corporate managers, and policymakers concerned with shareholder rights and wealth preservation. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781332255320_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332255320
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781332255320
Quantité disponible : 15 disponible(s)