Why shareholders sue the evidence from japan

We address one of the cardinal puzzles of European corporate law: the lack of derivate shareholder suits. In the vast majority of European jurisdictions, shareholders can bring a derivative action … Expand. View 1 excerpt, cites background. We collect data on the record of every action in over one thousand cases involving public companies from to in the Delaware Court of Chancery, which is the leading court for corporate law … Expand.

The Case of Derivative Actions in Vietnam. The derivative action recently has emerged as a promising weapon to combat corporate wrongdoing even in countries that are traditionally not litigious. However the viability of such litigation as a … Expand. Shareholder litigation is important because it is costly and can influence firms' reporting behavior. Prior research finds that attorneys' incentives and specific firm characteristics drive … Expand.

View 2 excerpts, cites background. Abstract We analyze a unique hand-collected international sample of corporate lawsuits involving publicly-traded defendant firms headquartered in 16 developed countries to explore how country … Expand. Adequate access to courts by minority shareholders is commonly viewed as an important element of a good corporate governance system. Should shareholders be provided with easy access to courts when … Expand.

Japan has a unique and often mystifying corporate governance structure. Still, foreign investors put money in their companies, hedge funds hound large inefficient entities, and American lawyers … Expand. Market dynamics in corporate governance : lessons from recent developments in English law. It is one of the key insights of economics that markets always adjust. Any change in law will change the way the game is played; the market has no obligation to accomplish the aim of the law, it will … Expand.

The Corporate Objective Revisited. In this essay on Masahiko Aoki's recent study of Japanese corporate governance, we argue that he and others misdescribe Japan on several fundamental dimensions.

First, Japanese firms and employees … Expand. Copyright by the University of Chicago. Related works: This item may be available elsewhere in EconPapers: Search for items with the same title. Is your work missing from RePEc? Here is how to contribute. Questions or problems? Page updated