Post by account_disabled on May 1, 2024 22:40:35 GMT -5
A critical factor was the addition of protections for investors to corporate bylaws which enabled relatively large corporations in Brazil to attract investors in large numbers. By availing themselves of this strategy the firms generated a relatively low concentration of ownership before.
Archival evidence such as company statutes and shareholder lists reveals that the addition of voting rights to their bylaws particularly maximum vote provisions and graduated voting scales which stipulated that less than proportional votes increase in parallel with shareholdings allowed many Brazilian Brazil Phone Number List corporations to balance the relative voting power of their small and large investors. In companies that made such arrangements the concentration of ownership and control was sharply lower than in the average company. Judging by the Brazilian companies examined for this article it also appears that the concentration of control was significantly lower before than it is today.
Observing Other s Behavior and Risk Taking in Decisions from Experience AUTHORS Eldad Yechiam Meir Druyan and Eyal Ert PUBLICATION Judgment and Decision Making no. examines how observing other people s behavior affects risk taking in repeated decision tasks. In Study participants performed experience based decision tasks either alone or in pairs with the two members being exposed to each others choices and outcomes. The tasks involved either equiprobable gains and losses or frequent small gains and rare large losses.
Archival evidence such as company statutes and shareholder lists reveals that the addition of voting rights to their bylaws particularly maximum vote provisions and graduated voting scales which stipulated that less than proportional votes increase in parallel with shareholdings allowed many Brazilian Brazil Phone Number List corporations to balance the relative voting power of their small and large investors. In companies that made such arrangements the concentration of ownership and control was sharply lower than in the average company. Judging by the Brazilian companies examined for this article it also appears that the concentration of control was significantly lower before than it is today.
Observing Other s Behavior and Risk Taking in Decisions from Experience AUTHORS Eldad Yechiam Meir Druyan and Eyal Ert PUBLICATION Judgment and Decision Making no. examines how observing other people s behavior affects risk taking in repeated decision tasks. In Study participants performed experience based decision tasks either alone or in pairs with the two members being exposed to each others choices and outcomes. The tasks involved either equiprobable gains and losses or frequent small gains and rare large losses.