rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    non sort: The
    title: deconstruction of equity
    sub title: activist shareholders, decoupled risk, and corporate governance
  name:
    name part: Ringe, Wolf-Georg
    name part: 1976-
    role:
      role term: creator
    role:
      role term: author.
  type of resource: text
  genre: bibliography
  genre: Electronic books.
  origin info:
    place:
      place term: enk
    place:
      place term: Oxford, United Kingdom
    publisher: Oxford University Press
    date issued: 2016
    edition: First edition.
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: remote
    extent: 1 online resource (xv, 269 pages)
  abstract: New investment techniques and new types of shareholder activists are shaking up the traditional ways of equity investment that inform current corporate law and governance. This book evaluates different risk-decoupling strategies and makes the case for regulatory intervention, developing a comprehensive proposal to address the regulatory problem.
  table of contents: Cover; The Deconstruction of Equity; Copyright; Table of Contents; Preface; Table of Cases; Table of Legislation; I. Introduction; A. Context; B. Structure; II. Shareholders in Corporate Governance; A. Costs of Voting and Apathy; B. Blockholders; C. Activist Shareholders and Hedge Funds; D. The Financial Crisis and Recent Developments; E. Shareholders and Risk-​decoupling; F. Conclusion; III. Risk-​Decoupling Strategies; A. Negative versus Positive Risk-​decoupling; B. Negative Risk-​decoupling: More Influence than Risk; 1. Category 1: Financial derivatives; 2. Category 2: Share lending
  table of contents: 3. Category 3: Record-​date captureC. Positive Risk-​decoupling: More Risk than Influence; 1. Contracts for Difference; 2. CfD investments and their abuse; 3. Case studies; 4. Conclusion; D. Empirical Evidence; E. Related Situations Not Covered in This Book; 1. Related risk-​decoupling strategies; 2. 'One share, one vote'; 3. Proxy advisors; 4. Limited liability; F. Summary; IV. The Failure of Traditional Categories of Law; A. Corporate and Securities Law; B. Hedge Fund Regulation; V. Problem Perspectives; A. Outline and Relevance of the Problem; B. Principal-​agent Perspective
  table of contents: 1. Risk- decoupling and agency costs2. Possible reduction of agency costs?; 3. Objection; 4. Implications; C. Information Costs; 1. Information and transaction cost theory; 2. Risk- decoupling and information costs; 3. Summary and implications; D. Corporate Finance; 1. Debt versus equity; 2. Risk- decoupling between debt and equity; 3. Shareholders as residual risk- bearers; 4. Implications; E. The Market for Corporate Control; 1. Harmful market impacts of CfD dealings; 2. What is wrong with a general CfD disclosure obligation?; 3. CfDs and the market for corporate control; VI. Solutions
  table of contents: A. Doing Nothing1. Persisting decoupling of voting rights; 2. Self- regulation; 3. Self- regulation of the hedge fund industry; 4. Self- help in securities lending cases; 5. Risk-​decoupling in existing legal frameworks; 6. Conclusion; B. Ban and Restriction; 1. Ban on decoupling; 2. Difficulties with the record-​date problem; 3. Conclusion; C. Transparency; 1. Transparency as a response to decoupling problems; 2. Legislative activity and reactions; 3. Costs and critique; 4. Key issues of a transparency regime; 5. Co-​ordination with transparency of short selling
  table of contents: 6. A concrete proposal: An integrated disclosure system7. Summary; D. Disenfranchisement; 1. A general prohibition to vote?; 2. Case-​by-​case regulator's decision; 3. Limitations of the approach; 4. Summary; E. Fiduciary Duties; 1. Fiduciary duties as an established legal instrument; 2. Individual disadvantages; 3. Conclusion; F. Results, Overview, and Assessment; G. Positive Risk-​Decoupling-​An Alternative Regulatory Model Targeting CfD Abuse; 1. Proposed regulatory structure; 2. Reply to criticism; 3. Efficiency of enforcement; 4. Conclusion; VII. The Federal Dimension; A. Admissibility
  note: Wolf-Georg Ringe.
  note: Includes bibliographical references (pages 235-263) and index.
  subject:
    topic: Stockholders
    topic: Legal status, laws, etc
  subject:
    topic: Corporate governance
    topic: Law and legislation
  subject:
    topic: BUSINESS & ECONOMICS
    topic: Corporate Governance
  subject:
    topic: Corporate governance
    topic: Law and legislation
  subject:
    topic: Stockholders
    topic: Legal status, laws, etc
  subject:
    topic: Law
  classification: K1338 .R54 2016
  classification: 346/.066
  related item:
    title info:
      title: Deconstruction of equity
    name:
      name part: Ringe, Wolf-Georg, 1976-
    origin info:
      publisher: Oxford, United Kingdom : Oxford University Press, 2016
      edition: First edition.
    identifier: (DLC) 2016936069
    identifier: (OCoLC)949851305
  identifier: 0191789615
  identifier: 9780191789618
  identifier: 0191034525
  identifier: 9780191034527
  identifier: 9780198723035
  identifier: 0198723032
  identifier: http://proxy.library.tamu.edu/login
  record info:
    record content source: YDXCP
    record creation date: 150909
    record change date: 20260319161326.8
    record identifier: in00005712363
    language of cataloging:
      language term: eng