Informal institutions, shareholder coalitions, and principal-principal conflicts

How do informal institutions affect conflicts between controlling and minority shareholders, also known as principal-principal (PP) conflicts? The dominant formal institution-based view of corporate governance suggests that legal rules and regulations are crucial for the protection of shareholder ri...

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Bibliographic Details
Main Authors: Sauerwald, S., Peng, Mike
Format: Journal Article
Published: Springer New York LLC 2013
Online Access:http://hdl.handle.net/20.500.11937/50135