Stock market mispricing induces the controlling shareholder to sell overpriced equity, subsequently diverting resources to his benefit.
FORBES: Do Inefficient Stock Markets Drive Bad Corporate Governance?
Moreover, Fonterra was not a controlling shareholder and consequently could not be held responsible for Sanlu's conduct.
ECONOMIST: Product liability in China: Redress by relocation | The
After consultants picked Hyundai Electronics to become controlling shareholder of the merged entity, LG Semicon threatened to sue.
After the decision by Ferrovial, BAA's controlling shareholder, Ryanair said it did not want to "prejudice" any bid.
Chief executive and controlling shareholder of steelmaker Severstal, which has seen its stock plummet 84% since last February.
It's a useful brand enhancement for the controlling shareholder of PPR, one of the world's most visible luxury conglomerates.
FORBES: Why the man who controls Gucci had to have his own museum.
But GreenShift's chairman and controlling shareholder, Kevin Kreisler, has dreams, and the algae venture is just one of them.
The lesson learned there, he says, is to be very leery of investing in a company with a controlling shareholder.
FORBES: Bill Ackman On J.C. Penney, Sears And Competing With Buffett
The state investment fund also guaranteed it will maintain a controlling shareholder position in 10 other major state-owned financial institutions.
Billoniare investor Barry Diller heads and is the controlling shareholder of IAC, and who is currently the Board Chairman of Expedia.
FORBES: Expedia:Its Pending Spinoff of TripAdvisor Seen As Bonanza For Shareholders
He also is the controlling shareholder and chairman of Lumena Resources Corp.
The firm's controlling shareholder, Sumner Redstone, once observed that content is king.
The company said this weekend billionaire He Xiangjian, the controlling shareholder, plans to step down as chairman of the holding company.
FORBES: Lujiazui Breakfast: News And Views About China Stocks -- Aug. 27
According to Israel Corporation, the firm's controlling shareholder, other investors willing to pitch in the vast amount of money needed couldn't be found.
Consistent with this notion, we find that subsidiaries in which the controlling shareholder sells a larger stake at listing generate low post listing returns.
FORBES: Do Inefficient Stock Markets Drive Bad Corporate Governance?
An example: several years ago, when a startup software company ran into challenges and sought urgently needed capital, a PE firm invested in the company and became its controlling shareholder.
The controlling shareholder of Elektra, he had the retail chain purchase a 15% stake in the then-struggling and private TV Azteca, in which he and his family owned around 35% .
The controlling shareholder of Elektra, he had the retail chain purchase a 15% stake in the then struggling and private TV Azteca, in which he and his family owned around 35% .
At Phoenix Pulp and Paper, for example, the country's largest supplier of pulp for paper, a five-year battle between the controlling shareholder, a foreign company, and acquisitive Thai politicians is reaching a climax.
LVMH, a successful French luxury-goods group whose customers are mostly women, has had just one female director over the past ten years: Delphine Arnault, daughter of the firm's chief executive and controlling shareholder.
Severstal's billionaire controlling shareholder and Chairman, Alexei Mordashov, on Wednesday proposed to the Arcelor board a substantial improvement in the terms of the two steelmakers' merger agreement--a sweetening, it is hoped, that will ward off ad hominem attacks from Arcelor shareholders.
Viacom ( VIA - news - people ) in December 2005, when Chief Sumner Redstone (still its controlling shareholder) yanked the broadcast division from its cable siblings MTV, Nickelodeon and Comedy Central, among others, as well as movie studio Paramount Pictures.
Though a lot of private equity investors present themselves as shareholder advocates who, by virtue of controlling the purse strings can squeeze corporate managers, they're actually conflicted.
Little known to investors, Peter was the top shareholder when Take-Two went public in 1997, controlling 25% through Bridgehampton Investors LP, of which Ryan was a general partner.
应用推荐