Model 1 seeks to test the first research hypothesis, i.e., if the effect of the shareholders' agreements on the firm's value is associated with the redistribution of the power provoked through the indirect OS formed by the bonded shares in the shareholders agreements. This relationship is measured by the interaction between the variable agree and avot.
To obtain a more accurate perception of how Brazilian companies use the shareholders agreements, Table 5 gives the mean of each of the five dimensions investigated.
Predictive variables Variable Code Agree agree Shareholder Agreement Index sai Transfer of shares act Dividend acd Investment sci Financing acf Corporate Governance acgc Variable Description Agree Dummy type variable; (1) when the company has a shareholders agreement, and (0) when it does not.
This transaction will also terminate the joint venture and the shareholders agreements signed in July 2008 by Boursorama and CaixaBank.
Therefore, the shareholders agreement signed in May 2006 and renegotiated in March 2014 by both institutions also terminates.
The total purchase price includes an immediate cash payment of GBP100,000 (USD166,000/EUR121,000) and a further GBP700,000 also in cash, payable once formal purchase and shareholders agreements are signed, the buyer explained.
The completion of purchase and shareholders agreements is expected by 11 April 2014.
Shareholders agreements typically contain provisions that either permit or require the sale of individual shareholdings in various circumstances.
Shareholders agreements sometimes specify how fair market value (or some other definition of value) is to be determined.
Shareholders agreements are important to protect minority rights.
Throughout this discussion, the subject of children has arisen (see discussion of shareholders agreements and the parent as the sole shareholder).