Except as otherwise noted, shares are owned beneficially and of record, and such record shareholder has sole voting, investment, and dispositive power.
Based on game theory,this paper analyses behavior strategies of the negotiable-stocks holders and nonnegotiable-stocks holders in the course of rights-issues for their different value orientation.
JPMorgan has faced an outcry among Bear Stearns shareholders about the lowball offer, and faced the possibility that rival deals would begin to surface.
The expression "aggregately holding 1% or more of the total shares of the company" refers to the aggregate of the shares held by two or more shareholders.
But if the managers" stockholding ratio is more than or equal to 32.88%, the increasement of the managers" stockholding may raise the agent costs and entrench upon external stockholders.