Results 161 to 170 of about 4,621 (238)

Leader‐Follower Dynamics in Shareholder Activism

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT We propose a theory of coordination and influence among blockholders. Privately informed activists time their trades in sequence to lower acquisition costs, prompting a strategic use of order flows: leader activists create trading gains for their followers, ultimately influencing their willingness to bear greater value‐enhancing intervention ...
DORUK CETEMEN   +3 more
wiley   +1 more source

The Voting Premium

open access: yesThe Journal of Finance, EarlyView.
ABSTRACT We develop a unified theory of blockholder governance and the voting premium in a setting without takeovers or controlling shareholders. A voting premium emerges when a minority blockholder can influence shareholder composition by accumulating votes and buying shares from dissenting shareholders.
DORON LEVIT, NADYA MALENKO, ERNST MAUG
wiley   +1 more source

Modeling the evolution space of breakage fusion bridge cycles with a stochastic folding process. [PDF]

open access: yesJ Math Biol, 2016
Greenman CD   +4 more
europepmc   +1 more source

Optimal Simple Ratings

open access: yesThe Journal of Industrial Economics, EarlyView.
ABSTRACT We study optimal simple rating systems that partition sellers into a finite number of tiers. We show that optimal ratings must be threshold partitions, and that for linear supply and Cournot competition with constant marginal cost, optimal thresholds solve a k‐means clustering problem requiring only the quality distribution.
Hugo Hopenhayn, Maryam Saeedi
wiley   +1 more source

Life Course Changes in the Geographical Distance Between Adult Children of Immigrants and Their Parents: The Role of Partnership Formation and Dissolution

open access: yesJournal of Marriage and Family, EarlyView.
ABSTRACT Objective This study explores how geographical distance between adult children of immigrants and their parents changes in response to partnership formation and partnership dissolution. Background Geographical distance between generations is a key factor in intergenerational support.
Alon Pertzikovitz   +3 more
wiley   +1 more source

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