Analysis of Corporate Control: How Good is the Straffin Index?

Abstract

In this paper, Straffin index as a viable voting power index, particularly in corporate analysis is described. Voting power distribution anomaly, practical limitation and lack of clear meanings are listed as possible factors hindering the application of the index. More importantly, this paper introduces ways to determine voter affiliations, two possible lines of enquiry into the meaning behind this index and speculates as to the possible consequences. Keywords: Corporate Analysis; Voting Power; Banzhaf; Shapley-Shubik; Straffin Index. 2010 Mathematic Subject Classification: 91G50, 91B12