Inspired by research on social movements, we extend the idea that activists look for opportunities to target firms to the realm of financially motivated shareholder activists.
Mark R. DesJardine +2 more
semanticscholar +3 more sources
The Influence of Transparency and Disclosure on the Valuation of Banks in India: The Moderating Effect of Environmental, Social, and Governance Variables, Shareholder Activism, and Market Power [PDF]
Research on the impact of transparency and disclosures (TD) on the firm’s valuation presents an ambiguous result. The effect of disclosure on value is a concern because disclosure is not an economic activity.
V. Bhimavarapu +2 more
semanticscholar +2 more sources
Reflecting on the changing landscape of shareholder activism in South Africa
Background: Investors around the globe are increasingly focusing on investing in a responsible manner by accounting for environmental, social and corporate governance aspects alongside financial performance.
Nadia Mans-Kemp, Marilee van Zyl
doaj +2 more sources
Importing Activists: Determinants and Consequences of Increased Cross-border Shareholder Activism
Shareholder activism is now an important global phenomenon. We use a sample of nearly 7,000 activist shareholder campaigns across 56 countries to address two principal research questions related to the rise of activism.
Mark Maffett +2 more
semanticscholar +2 more sources
The Effect of Shareholder Activism on Earnings Management: Evidence from Shareholder Proposals
We find that in general, both accrual-based and real earnings management decrease after the passage of shareholder-sponsored governance proposals. However, when accounting for the type of proposal, we observe significant heterogeneity in the effects on ...
Jeffrey Ng +3 more
semanticscholar +3 more sources
AbstractConventional wisdom suggests that shareholder activism in REITs is less prevalent than in other (non‐REIT) public firms because of stronger barriers to hostile takeovers and potentially less undervaluation. Our results, however, suggest that the conventional wisdom does not hold.
David Downs +2 more
openaire +2 more sources
Responsible Ownership, Shareholder Value and the New Shareholder Activism [PDF]
In this paper we use interview data to explore the ‘new shareholder activism’ of mainstream UK institutional investor We describe contemporary practices of corporate governance monitoring and engagement and how they vary across institutions, and explore the motivations behind them Existing studies of shareholder activism mainly assume that it is ...
John Roberts +3 more
openaire +3 more sources
Institutional Investors: A Literature Review [PDF]
We survey the related theories and burgeoning literature on the consequences of institutional investors’ holdings and shareholder activism campaigns.
Qian Rui
doaj +1 more source
Role of No-Voting shareholder activism in corporate governance in a developing Arab country [PDF]
Because of agency conflict in firms with dispersed ownership, governance mechanisms to mitigate this agency cost, such as shareholders’ active monitoring of the firm’s management, have been developed.
Ali Mohamed Albakoush, Zuaini Ishak
doaj +1 more source
Does high-speed rail stimulate shareholder activism by small investors in China?
This study investigates the effects of high-speed rail (HSR) introduction in China on small investors’ on-site participation in shareholders’ general meetings, which is used to measure the ‘inverse distance–participation syndrome’.
Qiong Wang, Kemin Wang
doaj +1 more source

