代理权争夺

本文分析了代理权争夺的原因、过程和特点，并指出了它的财富效应与其对公司治理的积极意义。

This article analyzes the causes , process and characteristics of proxy contest , and points out its wealth effects and positive influence on the corporate governance .

“一般情况下喜欢这些，人们会碰到对方的出价，以避免货币与社会成本的经历一个代理权争夺，”他说。

" Generally in situations like these , people will bump their offer to avoid the monetary and social cost of going through a proxy contest ," he said .

是的，可以将雅虎发展成自己的搜索部门，但是股东们认为，如果不实现完全合并，并不能达到预期的效果。在这种混乱局面下，CarlIcahn站出来，发起一场代理权争夺战，希望两者能够联合起来。

Oh , yeah , Yahoo wants to be this Google on its own , while the shareholders think it can 't provide without tie-up , so now Carl Icahn jumps into the mix , launching a proxy battle , he wants to tie the two up .

论代理权争夺的福利效应

On the Welfare Effect of the Contention for Procuration

而这三种股权结构对于公司治理机制中的经营激励、代理权争夺、监督机制等方面有着不同的影响效果。

These three types have different influence to Operation prompting , MA , Dealership contest and Supervision mechanism .

代理权争夺作为公司控制权市场上一种公司控制权转移方式，具有其独特的内涵与鲜明的特点。

Contention for procuration , as a way of control power transfer on the market for corporate control , possesses unique connotations and distinctive characteristics .

最终，在苹果部分采取了他的意见，同时增加股票回购之后，伊坎撤回了向苹果发起代理权争夺战的威胁。

Ultimately , Icahn withdrew his threats of a proxy fight after Apple took some of his advice to heart and increased its share repurchase program .

代理权争夺是上市公司股东惩罚未能实现公司利润最大化的管理层的最后工具。

Contention for procuration is the last resort for the shareholders of a listed company to punish the management who fail to maximize the company 's profits .

以美国为例，从理论基础和立法实践两方面分析了代理权争夺在公司控制权市场上和公司治理中的地位演变；

The thesis , taking America as an example , further analyses the evolvement of the status of proxy contest in corporate control market and corporate governance from both theoretical and practical perspectives .

大股东监控、董事会监督、接管、代理权争夺组成的股东控制体系与债权人的监督和相机控制共同形成一个有机的公司控制权机制体系，该体系又构成公司治理系统的基本组成部分。

The control system of shareholders through block holders , board of directors , proxy contest , takeover mechanism , together with the supervision and state-dependent control of creditors , form an organic system of corporate control rights and the basic constitution of corporate governance system as well .

内部治理机制包括董事会控制、大股东监督和经理代理权的争夺等。

Include directorate control , great stockholder supervise , the contest of manager dealership .