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The corporate governance systems of continental Europe have traditionally been quite different to those of the liberal market economies (e.g. the US and the UK). Company ownership has been dominated by incumbent blockholders, with a relatively minor role for minority shareholders and institutional investors. Business strategy has focused on the achievement of social stability - taking into account the interests of a broad group stakeholders - rather than the maximisation of shareholder value. However, since the mid-1990s, European corporations have adopted many of the characteristics of the Anglo-American shareholder model. Furthermore, such an increased shareholder-orientation has coincided...
The process of aging is receiving an increasing amount of attention from behavioral scientists. Middle Age and Aging is an attempt to organize and select from the proliferation of material available in this field. The selections in this volume emphasize some of the major topics that lie closest to the problem of what social and psychological adaptations are required as individuals move through the second half of their lives. Major attention is paid to the importance of age-status and age-sex roles; psychological changes in the life-cycle; social-psychological theories of aging; attitudes toward health; changing family roles; work, retirement, and leisure; certain other dimensions of the immediate social environment such as friendships, neighboring patterns, and living arrangements; differences in cultural settings; and perspectives of time and death.
This Commentary is the first comprehensive work to analyse the revised EU Shareholder Rights Directive (SRD II). SRD II sets a new agenda for engaged shareholders and sustainable companies in the EU, sparking a wider debate on the adoption of duties in company and capital markets law. By providing a systematic and thorough framework for analysis, this Commentary evaluates the purpose and aims of SRD II and further enriches the debate on the usefulness of the EU’s drive to encourage long-term shareholder engagement.
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