Treasury Stock Sales and Management Rights Protection: Conflicts of Interest between an Owner-manager and Small Shareholders
This paper investigates the sales process of treasury stocks, while most previous research studies treasury stock repurchases. The sales of treasury stocks are an important measure to protect management rights only in Korea, as Korea’s laws and systems allow treasury stock sales according to the boa...
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Format: | Article |
Language: | English |
Published: |
Korea Development Institute
2017-08-01
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Series: | KDI Journal of Economic Policy |
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Online Access: | https://doi.org/10.23895/kdijep.2017.39.3.63 |