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 "text": "Management incentives for risk control are heightened upon conversion, especially where management knows that holders of converted contingent capital would command a majority vote, with or without institutional shareholders.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
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 "abstract": "More importantly, management incen- tives for risk control could be heightened upon conversion, espe- cially if management knows that CCS holders would have a ma- jority vote upon conversion (with or without institutional shareholders).",
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