메뉴 건너뛰기




Volumn 32, Issue 2, 2003, Pages 465-509

Does Confidential Proxy Voting Matter?

(1)  Romano, Roberta a  

a NONE

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0242656106     PISSN: 00472530     EISSN: None     Source Type: Journal    
DOI: 10.1086/377048     Document Type: Review
Times cited : (21)

References (50)
  • 1
    • 0031097135 scopus 로고    scopus 로고
    • Detecting Long-Run Abnormal Stock Returns: The Empirical Power and Specification of Test Statistics
    • Barber, Brad M., and John D. Lyon. 1997. Detecting Long-Run Abnormal Stock Returns: The Empirical Power and Specification of Test Statistics. Journal of Financial Economics 43:341-72.
    • (1997) Journal of Financial Economics , vol.43 , pp. 341-372
    • Barber, B.M.1    John, D.L.2
  • 3
    • 0032283963 scopus 로고    scopus 로고
    • Are Shareholder Proposals All Bark and No Bite? Evidence from Shareholder Resolutions to Rescind Poison Pills
    • Bizjak, JohnM., and ChristopherJ. Marquette. 1998. Are Shareholder Proposals All Bark and No Bite? Evidence from Shareholder Resolutions to Rescind Poison Pills. Journal of Financial and Quantitative Analysis 33:499-521.
    • (1998) Journal of Financial and Quantitative Analysis , vol.33 , pp. 499-521
    • Bizjak, J.M.1    Christopher, J.M.2
  • 4
    • 0003087504 scopus 로고    scopus 로고
    • Shareholder Activism and Corporate Governance in the United States
    • edited by Peter Newman. London: Macmillan
    • Black, Bernard S. 1998. Shareholder Activism and Corporate Governance in the United States. Pp. 459-65 in vol. 3 of The New Palgrave Dictionary of Economics and the Law, edited by Peter Newman. London: Macmillan.
    • (1998) The New Palgrave Dictionary of Economics and the Law , vol.3 , pp. 459-465
    • Black, B.S.1
  • 5
    • 0000119713 scopus 로고
    • Agents Watching Agents: The Promise of Institutional Investor Voice
    • _. 1992. Agents Watching Agents: The Promise of Institutional Investor Voice. UCLA Law Review 39:811-93.
    • (1992) UCLA Law Review , vol.39 , pp. 811-893
  • 7
    • 0242501460 scopus 로고    scopus 로고
    • Classified Boards
    • Investor Responsibility Research Center Corporate Governance Service, Washington, D.C., February
    • Burke, Stacey, and Alesandra Monaco. 2002. Classified Boards. Background Report C. Investor Responsibility Research Center Corporate Governance Service, Washington, D.C., February.
    • (2002) Background Report C
    • Burke, S.1    Alesandra, M.2
  • 8
    • 0039658576 scopus 로고    scopus 로고
    • The Influence of Institutions on Corporate Governance through Private Negotiations: Evidence from TIAA-CREF
    • Carleton, Willard T., James M. Nelson, and Michael S. Weisbach. 1998. The Influence of Institutions on Corporate Governance through Private Negotiations: Evidence from TIAA-CREF. Journal of Finance 53:1335-62.
    • (1998) Journal of Finance , vol.53 , pp. 1335-1362
    • Carleton, W.T.1    James, M.N.2    Michael, S.W.3
  • 9
    • 0034397347 scopus 로고    scopus 로고
    • Proxy Issue Proposals: Impact of the 1992 SEC Proxy Reforms
    • Choi, Stephen J. 2000. Proxy Issue Proposals: Impact of the 1992 SEC Proxy Reforms. Journal of Law, Economics, and Organization 16:233-68.
    • (2000) Journal of Law, Economics, and Organization , vol.16 , pp. 233-268
    • Choi, S.J.1
  • 10
    • 0042377866 scopus 로고    scopus 로고
    • The Motivation and Impact of Pension Fund Activism
    • Del Guercio, Diane, and Jennifer Hawkins. 1999. The Motivation and Impact of Pension Fund Activism. Journal of Financial Economics 52:293-340.
    • (1999) Journal of Financial Economics , vol.52 , pp. 293-340
    • Del Guercio, D.1    Jennifer, H.2
  • 14
    • 0000353081 scopus 로고    scopus 로고
    • Corporate Governance Proposals and Shareholder Activism: The Role of Institutional Investors
    • Gillan, Stuart L., and Laura T. Starks. 2000. Corporate Governance Proposals and Shareholder Activism: The Role of Institutional Investors. Journal of Financial Economics 57:275-305.
    • (2000) Journal of Financial Economics , vol.57 , pp. 275-305
    • Gillan, S.L.1    Laura, T.S.2
  • 15
    • 0040370940 scopus 로고    scopus 로고
    • Corporate Democracy and Stockholder-Adopted by-Laws: Taking Back the Street?
    • Hamermesh, Lawrence A. 1998. Corporate Democracy and Stockholder-Adopted By-Laws: Taking Back the Street? Tulane Law Review 73:409-95.
    • (1998) Tulane Law Review , vol.73 , pp. 409-495
    • Hamermesh, L.A.1
  • 16
    • 0242418134 scopus 로고
    • Secret Ballots to Be Allowed
    • March 22
    • Holtzman, Elizabeth. 1990. Secret Ballots to Be Allowed. New York Times, March 22.
    • (1990) New York Times
    • Holtzman, E.1
  • 17
    • 0242501466 scopus 로고
    • When Management Falls Down on the Job: Pension Funds Can Put Independent Directors on the Board
    • May 26
    • _. 1992. When Management Falls Down on the Job: Pension Funds Can Put Independent Directors on the Board. Washington Post, May 26.
    • (1992) Washington Post
  • 18
    • 0000250624 scopus 로고
    • The Behavior of Maximum Likelihood Estimates under Nonstandard Conditions
    • Berkeley: University of California Press
    • Huber, P. J. 1967. The Behavior of Maximum Likelihood Estimates under Nonstandard Conditions. Pp. 221-33 in vol. 1 of Proceedings of the Fifth Berkeley Symposium on Mathematical Statistics and Probability. Berkeley: University of California Press.
    • (1967) Proceedings of the Fifth Berkeley Symposium on Mathematical Statistics and Probability , vol.1 , pp. 221-233
    • Huber, P.J.1
  • 19
    • 0242586008 scopus 로고    scopus 로고
    • Background Report M. Investor Responsibility Research Center Corporate Governance Service, Washington, D.C., February 1
    • Hunt, Timothy M. 2001. Confidential Voting. Background Report M. Investor Responsibility Research Center Corporate Governance Service, Washington, D.C., February 1.
    • (2001) Confidential Voting
    • Hunt, T.M.1
  • 20
    • 0242586007 scopus 로고    scopus 로고
    • Background Report F. Investor Responsibility Research Center Corporate Governance Service, Washington, D.C., January
    • _. 2002. Voting Issues: Confidential and Cumulative Voting. Background Report F. Investor Responsibility Research Center Corporate Governance Service, Washington, D.C., January.
    • (2002) Voting Issues: Confidential and Cumulative Voting
  • 21
    • 77952459888 scopus 로고    scopus 로고
    • Washington, D.C.: Investment Company Institute (May)
    • Investment Company Institute. 1996. 1996 Mutual Fund Fact Book. Washington, D.C.: Investment Company Institute (May).
    • (1996) 1996 Mutual Fund Fact Book
  • 22
    • 0042354311 scopus 로고    scopus 로고
    • Washington, D.C.: Investment Company Institute (May)
    • _. 2000. 2000 Mutual Fund Fact Book. Washington, D.C.: Investment Company Institute (May).
    • (2000) 2000 Mutual Fund Fact Book
  • 23
    • 0242586010 scopus 로고
    • Loose-leaf service. Washington, D.C.: Investor Responsibility Research Center
    • Investor Responsibility Research Center. 1987-1989. Corporate Governance Bulletin. Loose-leaf service. Washington, D.C.: Investor Responsibility Research Center.
    • (1987) Corporate Governance Bulletin
  • 24
    • 0242669905 scopus 로고
    • Average Voting Results on Major Corporate Governance Shareholder Proposals
    • Washington, D.C.: Investor Responsibility Research Center, July-September
    • _. 1995. Average Voting Results on Major Corporate Governance Shareholder Proposals. Corporate Governance Bulletin. Washington, D.C.: Investor Responsibility Research Center, July-September.
    • (1995) Corporate Governance Bulletin
  • 25
    • 0242418609 scopus 로고    scopus 로고
    • Voting on U.S. Governance Shareholder Resolutions
    • Washington, D.C.: Investor Responsibility Research Center, April-June
    • _. 1998. Voting on U.S. Governance Shareholder Resolutions. Corporate Governance Bulletin. Washington, D.C.: Investor Responsibility Research Center, April-June.
    • (1998) Corporate Governance Bulletin
  • 28
    • 0030295681 scopus 로고    scopus 로고
    • Corporate Governance and Shareholder Initiatives: Empirical Evidence
    • Karpoff, Jonathan M., Paul H. Malatesta, and Ralph A. Walkling. 1996. Corporate Governance and Shareholder Initiatives: Empirical Evidence. Journal of Financial Economics 42:365-95.
    • (1996) Journal of Financial Economics , vol.42 , pp. 365-395
    • Karpoff, J.M.1    Paul, H.M.2    Ralph, A.W.3
  • 30
    • 0013590421 scopus 로고
    • Proxy Contests and the Efficiency of Shareholder Oversight
    • Pound, John J. 1988. Proxy Contests and the Efficiency of Shareholder Oversight. Journal of Financial Economics 20:237-65.
    • (1988) Journal of Financial Economics , vol.20 , pp. 237-265
    • Pound, J.J.1
  • 31
    • 0011371898 scopus 로고    scopus 로고
    • Corporate Law and Corporate Governance
    • Romano, Roberta. 1996. Corporate Law and Corporate Governance. Industrial and Corporate Change 5:277-339.
    • (1996) Industrial and Corporate Change , vol.5 , pp. 277-339
    • Romano, R.1
  • 32
    • 0042568505 scopus 로고    scopus 로고
    • Less Is More: Making Shareholder Activism a Valuable Mechanism of Corporate Governance
    • _. 2001. Less Is More: Making Shareholder Activism a Valuable Mechanism of Corporate Governance. Yale Journal on Regulation 18:174-251.
    • (2001) Yale Journal on Regulation , vol.18 , pp. 174-251
  • 33
    • 0242586517 scopus 로고    scopus 로고
    • Does Confidential Proxy Voting Matter?
    • Yale Law School
    • _. 2002. Does Confidential Proxy Voting Matter? Law and Economics Research Paper No. 265. Yale Law School.
    • (2002) Law and Economics Research Paper No. 265 , vol.265
  • 34
    • 84972263667 scopus 로고
    • The Effect of the Australian Ballot Reform on Split Ticket Voting: 1876-1908
    • Rusk, Jerrold G. 1970. The Effect of the Australian Ballot Reform on Split Ticket Voting: 1876-1908. American Political Science Review 64:1220-38.
    • (1970) American Political Science Review , vol.64 , pp. 1220-1238
    • Rusk, J.G.1
  • 35
    • 0242501912 scopus 로고
    • Shareholder Advocate Group to Close Its Doors
    • October 27
    • Salwen, Kevin G. 1993. Shareholder Advocate Group to Close Its Doors. Wall Street Journal, October 27.
    • (1993) Wall Street Journal
    • Salwen, K.G.1
  • 36
    • 0039133418 scopus 로고
    • Washington, D.C.: Investor Responsibility Research Center
    • Sander, William F. 1991. Shareholder Voting Almanac. Washington, D.C.: Investor Responsibility Research Center.
    • (1991) Shareholder Voting Almanac.
    • Sander, W.F.1
  • 37
    • 0242586521 scopus 로고
    • Wisconsin Pension Fund Is Activist Hawk
    • March 18
    • Seism, Leslie. 1994. Wisconsin Pension Fund Is Activist Hawk. Wall Street Journal, March 18.
    • (1994) Wall Street Journal
    • Seism, L.1
  • 38
    • 0242501910 scopus 로고    scopus 로고
    • Background Report N. Investor Responsibility Research Center Corporate Governance Service, Washington, D.C., February
    • Shier, Christopher. 2002. Shareholder Rights to Call Special Meetings and Act by Written Consent. Background Report N. Investor Responsibility Research Center Corporate Governance Service, Washington, D.C., February.
    • (2002) Shareholder Rights to Call Special Meetings and Act by Written Consent
    • Shier, C.1
  • 39
    • 0039120739 scopus 로고    scopus 로고
    • Shareholder Activism by Institutional Investors: Evidence from CalPERS
    • Smith, Michael. 1996. Shareholder Activism by Institutional Investors: Evidence from CalPERS. Journal of Finance 51:227-52.
    • (1996) Journal of Finance , vol.51 , pp. 227-252
    • Smith, M.1
  • 41
    • 16144367015 scopus 로고    scopus 로고
    • A Requiem for the USA: Is Small Shareholder Monitoring Effective?
    • Strickland, Deon, Kenneth W. Wiles, and Marc Zenner. 1996. A Requiem for the USA: Is Small Shareholder Monitoring Effective? Journal of Financial Economics 40:319-38.
    • (1996) Journal of Financial Economics , vol.40 , pp. 319-338
    • Strickland, D.1    Kenneth, W.W.2    Marc, Z.3
  • 42
    • 0346408809 scopus 로고    scopus 로고
    • Should Labor Be Allowed to Make Shareholder Proposals?
    • Thomas, Randall S., and Kenneth J. Martin. 1998. Should Labor Be Allowed to Make Shareholder Proposals? Washington Law Review 73:41-73.
    • (1998) Washington Law Review , vol.73 , pp. 41-73
    • Thomas, R.S.1    Kenneth, J.M.2
  • 43
    • 0012495660 scopus 로고    scopus 로고
    • The Determinants of Shareholder Voting on Stock Option Plans
    • _. 2000. The Determinants of Shareholder Voting on Stock Option Plans. Wake Forest Law Review 35:31-81.
    • (2000) Wake Forest Law Review , vol.35 , pp. 31-81
  • 44
    • 38249002753 scopus 로고
    • Corporate Governance through the Proxy Process: Evidence from the 1989 Honeywell Proxy Solicitation
    • Van Nuys, Karen. 1993. Corporate Governance through the Proxy Process: Evidence from the 1989 Honeywell Proxy Solicitation. Journal of Financial Economics 34:101-32.
    • (1993) Journal of Financial Economics , vol.34 , pp. 101-132
    • Van Nuys, K.1
  • 46
    • 0000095552 scopus 로고
    • A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity
    • White, H. 1980. A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity. Econometrica 48:817-30.
    • (1980) Econometrica , vol.48 , pp. 817-830
    • White, H.1
  • 47
    • 0002644952 scopus 로고
    • Maximum Likelihood Estimation of Misspecified Models
    • _. 1982. Maximum Likelihood Estimation of Misspecified Models. Econometrica 50:1-25.
    • (1982) Econometrica , vol.50 , pp. 1-25
  • 48
    • 0242586518 scopus 로고
    • Shareholder-Rights Movement Sways a Number of Big Companies
    • April 4
    • White, James A. 1991a. Shareholder-Rights Movement Sways a Number of Big Companies. Wall Street Journal, April 4.
    • (1991) Wall Street Journal
    • White, J.A.1
  • 49
    • 0242501909 scopus 로고
    • Giant California Pension Fund Softens Approach to Influencing Corporations
    • October 7
    • _. 1991b. Giant California Pension Fund Softens Approach to Influencing Corporations. Wall Street Journal, October 7.
    • (1991) Wall Street Journal
  • 50
    • 0043213086 scopus 로고    scopus 로고
    • Agents Watching Agents? Evidence from Pension Fund Ownership and Firm Value
    • Woidtke, Tracie. 2002. Agents Watching Agents? Evidence from Pension Fund Ownership and Firm Value. Journal of Financial Economics 63:99-131.
    • (2002) Journal of Financial Economics , vol.63 , pp. 99-131
    • Woidtke, T.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.