Shareholder democracy in Canada
By: Randall Morck
Contributors: National Bureau of Economic Research
Series: NBER working paper series -- working paper 16558; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16558.
Publisher: National Bureau of Economic Research
Published: 2010
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "The federal government stands poised to exercise its constitutional right to regulate financial markets, an area traditionally left to competing provincial securities commissions.  The current state of securities regulation renders impotent US-style takeover defences, such as poison pills and staggered boards, but allows voting caps and pyramiding in their stead.  Various federal securities regulation models are weighted in light of the current state of their needed complementary institutions.  One option, for which Canada is relatively well prepared, is the British model of activist independent institutional investors and mandatory takeover bids"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 3/29/2011.

Includes bibliographical references.

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Mode of access: World Wide Web.