Ali Akyol
Ali Akyol
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director nominations
Shareholders in the Boardroom: Wealth Effects of the SEC’s Rule to Facilitate Director Nominations
We investigate the wealth effects associated with the SEC’s rule to facilitate director nominations by shareholders. Our results are not in line with shareholder empowerment creating value.
Ali C. Akyol
,
Wei Fen Lim
,
and Patrick Verwijmeren
Governance Characteristics and the Market Reaction to the SEC’s Proxy Access Rule
We examine the wealth effects of the SEC proxy access rule to facilitate director nominations by shareholders. We find more negative announcement effects for firms with high probabilities of being targeted by shareholders.
Ali C. Akyol
,
Wei Fen Lim
,
and Patrick Verwijmeren
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