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The Private Ordering Solution to Multiforum Shareholder Litigation

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NBER2015-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w21362
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This paper analyzes a private ordering solution to multiforum shareholder litigation: exclusive forum provisions in corporate charters and bylaws. We examine what drives the growth in these provisions and whether, as some critics contend, their adoption reflects managerial opportunism. We find that
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2015-07-01
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