scholarly journals Corporations: Separation of the Voting Power from Legal and Beneficial Ownership of Corporate Stock

1949 ◽  
Vol 47 (4) ◽  
pp. 547
Author(s):  
Richard V. Ehrick
Keyword(s):  
Voting Power ◽  
Beneficial Ownership

Auditors and the Principal-Principal Agency Conflict in Family Controlled Firms

2020 ◽  
Vol 39 (4) ◽  
pp. 31-55
Author(s):  
Chiraz Ben Ali ◽  
Sabri Boubaker ◽  
Michel Magnan
Keyword(s):  
Risk Assessment ◽  
Negative Relationship ◽  
Audit Fees ◽  
Data Availability ◽  
Audit Risk ◽  
Controlling Shareholder ◽  
Voting Power ◽  
The Public ◽  
Agency Conflict ◽  
Jel Classifications

SUMMARY This paper examines whether multiple large shareholders (MLS) affect audit fees in firms where the largest controlling shareholder (LCS) is a family. Results show that there is a negative relationship between audit fees and the presence, number, and voting power of MLS. This is consistent with the view that auditors consider MLS as playing a monitoring role over the LCS, mitigating the potential for expropriation by the LCS. Therefore, our evidence suggests that auditors reduce their audit risk assessment and audit effort and ultimately audit fees in family controlled firms with MLS. Data Availability: Data are available from the public sources cited in the text. JEL Classifications: G32; G34; M42; D86.

Winners and Losers in the Council: Voting Power Consequences of EU Enlargements

1998 ◽  
Vol 36 (4) ◽  
pp. 549-562 ◽  
Author(s):  
Tapio Raunio ◽  
Matti Wiberg
Keyword(s):  
Voting Power

CRS and beneficial ownership registers—a call to action

2017 ◽  
Vol 23 (5) ◽  
pp. 496-504 ◽  
Author(s):  
Filippo Noseda
Keyword(s):  
Call To Action ◽  
Beneficial Ownership
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