Doron Levit
Institution
University of Washington
PhD Year
2011
dlevit@uw.edu
FTG Membership
Member
Website
https://sites.google.com/view/doronlevit
Featured Work
Jun 27, 2024
Voting on Public Goods: Citizens vs Shareholders
We study the interplay between a "one person-one vote" political system and a "one share-one vote" corporate governance regime. If shareholders push firms for more pro-social policies, political backlash may...
Jan 5, 2021
The Voting Premium
This paper develops a unified theory of blockholder governance and the voting premium, in a setting without takeovers and controlling shareholders. A voting premium emerges when a minority blockholder tries...
Oct 3, 2019
Trading and Shareholder Democracy
We study shareholder voting in a model in which trading affects the composition of the shareholder base. Trading and voting are complementary, which gives rise to self-fulfilling expectations about proposal...
Jan 1, 2011
Nonbinding voting for shareholder proposals
Shareholder proposals are a common form of shareholder activism. Voting for shareholder proposals, however, is nonbinding since management has the authority to reject the proposal even if it received majority...
