Results 11 to 20 of about 44 (44)
A Bibliometric Analysis of Four Decades of Shareholder Activism Research
Corporate Governance: An International Review, EarlyView.ABSTRACT Research Questions/Issue In this bibliometric review of shareholder activism literature spanning 1983–2021, we pursue two objectives. Firstly, we investigate the degree of interdisciplinarity in the field, and second, we scrutinize publication trends, foundational knowledge, core topics, and emerging thematic trends, exploring the trajectory ...
Dionysia Katelouzou +2 more
wiley +1 more source
Beyond Ownership: The Role of Institutional Investors in International Corporate Governance
Corporate Governance: An International Review, EarlyView.ABSTRACT Research Question/Issue This paper reviews key theories on the governance role of institutional investors, examines institutional ownership trends globally, and highlights recent research on their evolving impact on corporate governance. The paper also incorporates insights from select Special Issue articles dedicated to understanding the role
Wolfgang Drobetz +3 more
wiley +1 more source
Does Shareholder Activism Create Value? A Meta‐Analysis
Corporate Governance: An International Review, EarlyView.ABSTRACT Research Question/Issue This study identifies the determinants of shareholder value created by investor activism. It quantifies and corrects the pool of published empirical estimates for bias due to the selective reporting of empirical results.
Josef Bajzik +3 more
wiley +1 more source
ETFs and the price volatility of underlying bonds
Financial Review, EarlyView.Abstract We investigate whether exchange traded funds (ETFs) distort bond prices or increase price volatility. Contrary to concerns, we find that ETF ownership of corporate bonds is linked to reduced price volatility, likely due to ETFs absorbing bond illiquidity.
Anna Agapova +2 more
wiley +1 more source
Optimal energy management of water networks under quality conditions
International Transactions in Operational Research, EarlyView.Abstract In the context of sustainability, which has become fundamental today, we aim to optimize (reduce) the energy consumption due to the use of pumps that bring water from all the different reservoirs to the nodes of the distribution network. The proposed model allows us, thanks to the use of smart meters and new 5G technologies, to determine the ...
Gabriella Colajanni +2 more
wiley +1 more source
Biodiversity finance: Sovereign biodiversity loss drivers and financial stability
Journal of Industrial Ecology, EarlyView.Abstract This study analyzed the impact of sovereign biodiversity risk drivers on financial stability. Using a global dataset covering 2004–2021, I found empirical evidence that the biodiversity risks land use, drought, and freshwater stocks significantly affect the systemic risk measures SRISK and systemic expected shortfall (SES).
Michael Mies
wiley +1 more source
Regulatory Capital Management to Exceed Thresholds
Journal of Money, Credit and Banking, EarlyView.Abstract We investigate whether a carrot approach, which provides benefits for regulatory compliance rather than penalties for noncompliance, incentivizes banks to reach capital levels above the minimum requirements. We document a significant discontinuity at the 10% regulatory capital threshold, where banks receive benefits for exceeding it.
LUCIANA OROZCO, SILVINA RUBIO
wiley +1 more source
Creating Controversy in Proxy Voting Advice
The Journal of Finance, EarlyView.ABSTRACT We analyze how a profit‐maximizing proxy advisor designs vote recommendations and research reports. The advisor benefits from producing informative, unbiased reports, but only partially informative recommendations, biased against the a priori likely alternative.
ANDREY MALENKO +2 more
wiley +1 more source
Local powers of least‐squares‐based test for panel fractional Ornstein–Uhlenbeck process
Journal of Time Series Analysis, EarlyView.In recent years, significant advancements have been made in the field of identifying financial asset price bubbles, particularly through the development of time‐series unit‐root tests featuring fractionally integrated errors and panel unit‐root tests.
Katsuto Tanaka, Weilin Xiao, Jun Yu
wiley +1 more source
Denial and misinformation in defense of the tar sands: The case of a Canadian think tank
Sociological Forum, EarlyView.Abstract Literatures within the sociology of science and environmental sociology often focus on climate change denial, misinformation, and the role of think tanks in fueling public skepticism. This work draws our attention to the arguments these organizations make and how they communicate doubt to the public.
Timothy J. Haney
wiley +1 more source