The Linear Voting Rule Limitation Strategy to Reduce the Power of a Unique Newcomer over a Firm’s Capital (notice n° 546554)
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| fixed length control field | 01281cam a2200169 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121114138.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Moschetto, Bruno-Laurent |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | The Linear Voting Rule Limitation Strategy to Reduce the Power of a Unique Newcomer over a Firm’s Capital |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2015.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 16 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | This paper studies the rules that limit voting rights as a defensive measure against hostile takeovers. We consider atomistic shareholders and a small group of united minority shareholders, the hard core, that wants to block any hostile takeovers. This group constructs a device based on a threshold below which each share is linked to one vote and above which each share gives less than one vote, according to a coefficient of redistribution. It finds the optimal couple that blocks hostile takeovers while minimizing the negative impact on the market due to too strong protection of the hard core to the detriment of dispersed shareholders.Classification JEL : G18, G30, G34 |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Teulon, Frédéric |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Revue économique | 66 | 6 | 2015-10-21 | p. 1067-1088 | 0035-2764 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-economique-2015-6-page-1067?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-economique-2015-6-page-1067?lang=en&redirect-ssocas=7080</a> |
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