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The Deconstruction of Equity: Activist Shareholders, Decoupled Risk, and Corporate Governance

Wolf-Georg Ringe




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 | #3577754 in Books |  2016-06-21 | Original language:English | PDF # 1 |  6.20 x.90 x9.30l,.0 | File type: PDF | 275 pages

||About the Author||Wolf-Georg Ringe, Professor of International Commercial Law, Copenhagen Business School & University of Oxford||Wolf-Georg Ringe is Professor of Law and holds a chair of International Commercial Law at Copenhagen Business School; he al

New investment techniques and new types of shareholder activists are shaking up the traditional ways of equity investment that informs much of our present-day corporate law and governance. Savvy investors such as hedge funds are using financial derivatives, securities lending transactions, and related concepts to decouple the financial risk from shares. This leads to a distortion of incentives and has potentially severe consequences for the functioning of corporate gover...

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