The models of realization of the economic content of shareholders’ property as a reflection of modern trends of its development

GERMANOVA O.E.
Doctor of Economics, Professor, Southern Federal University, Rostov-on-Don

SHTANKO M.S.
Graduate student, Southern Federal University, Rostov-on-Don

TERRA ECONOMICUS, 2013, Vol. 11 (no. 4.3),

p. 97-104

The article presents four models of the shareholders’ property economic content realization distinguished by such extended criteria as ratio of ownership and voting power concentration. In the course of research the main quantitative and qualitative characteristics of models have been identified. It was also ascertained the extent of their distribution across the developed economies. The authors pay attention that each types of model correspond to the features of the remuneration policy reform, the shareholders’ impact on the change of the board structure as well as the level of turnout at meetings and progress in increasing vote results disclosure that characterize modern trends of shareholders’ property development.

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Keywords: models of corporations; ratio between ownership and voting power concentration; excess control rights; dual-class shares; violation of one-share-one-vote; dividends; executive compensation; voter turnout; disclosure of voting results

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Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606