Add to ORKGthis paper was written while Habib visited HEC Lausanne and ESA Beyrouth. The hospitality of these two institutions is gratefully acknowledged. An Analysis of Shareholder Agreements Shareholder agreements govern the relations among shareholders in privately-held companies, such as joint ventures or venture capital-backed …rms. We provide an economic explanation for the use of put and call options, pre-emption rights, catch-up clauses, drag-along rights, demand rights, and tag-along rights in shareholder agreements. We view these clauses as a response to a problem of dynamic, double moral hazard, whereby the value of the venture depends on ex ante investments and ex post transfers. Contract clauses i) preserve the incentives to make ex ante ...
Shareholders’ rights advocates argue that shareholders have the right to control the corporation. Th...
In planning for the closely held corporation, counsel should give consideration to the flexibility a...
In this paper, we study the use of options in Shareholder Agreements in privately held companies. We...
Shareholder agreements govern the relations among shareholders in privately-held companies, such as ...
Shareholder agreements govern the relations among shareholders in privately-held companies, such as ...
this paper was written while Habib visited HEC Lausanne and ESA Beyrouth. The hospitality of these t...
In listed companies, some shareholders can be signatories to agreements that govern their relations....
In listed companies, some shareholders can be signatories to agreements that govern their relation...
In listed companies, some shareholders can be signatories to agreements that govern thei...
Different shareholders acting in companies usually have different interests that they want to satisf...
Different shareholders acting in companies usually have different interests that they want to satisf...
The default rules of corporate law make shareholders’ control rights a function of their voting powe...
When a corporation, acting through its board of directors, proposes to increase the number of its sh...
Abstract: In this paper, I analyse the role of shareholder approval and pre-emption rights in protec...
The company is a legal structure designed to bring together the different parties of a firm—its empl...
Shareholders’ rights advocates argue that shareholders have the right to control the corporation. Th...
In planning for the closely held corporation, counsel should give consideration to the flexibility a...
In this paper, we study the use of options in Shareholder Agreements in privately held companies. We...
Shareholder agreements govern the relations among shareholders in privately-held companies, such as ...
Shareholder agreements govern the relations among shareholders in privately-held companies, such as ...
this paper was written while Habib visited HEC Lausanne and ESA Beyrouth. The hospitality of these t...
In listed companies, some shareholders can be signatories to agreements that govern their relations....
In listed companies, some shareholders can be signatories to agreements that govern their relation...
In listed companies, some shareholders can be signatories to agreements that govern thei...
Different shareholders acting in companies usually have different interests that they want to satisf...
Different shareholders acting in companies usually have different interests that they want to satisf...
The default rules of corporate law make shareholders’ control rights a function of their voting powe...
When a corporation, acting through its board of directors, proposes to increase the number of its sh...
Abstract: In this paper, I analyse the role of shareholder approval and pre-emption rights in protec...
The company is a legal structure designed to bring together the different parties of a firm—its empl...
Shareholders’ rights advocates argue that shareholders have the right to control the corporation. Th...
In planning for the closely held corporation, counsel should give consideration to the flexibility a...
In this paper, we study the use of options in Shareholder Agreements in privately held companies. We...