Corporate Social Responsibility in a Corporate Governance Framework [PDF]
We argue that Corporate Social Responsibility (CSR) may affect the agency relationship inside a firm. We analyze how CSR and the threat of stakeholder activism influence effort of manager and shareholder, and describe how CSR may arise endogenously in ...
Linda A. Toolsema, Yohanes E. Riyanto
core
Missing the Forest for the Trees: A New Approach to Shareholder Activism [PDF]
Shareholder activism has dominated corporate governance literature for the last decade. However, despite the abundance of research focusing on specific manifestations of activism, there is a dearth of literature tackling share-holder activism as a whole.
Nili, Yaron
core +1 more source
Emerging aspects of shareholder activism : a dissertation presented in partial fulfillment of the requirements for the degree of Doctoral of Philosophy in Finance at Massey University, Manawatu (Turitea), New Zealand [PDF]
This thesis consists of one comprehensive literature review and two empirical essays on shareholder activism. The literature review on shareholder activism provides a brief discussion on shareholder activism’s evolution, highlighting the potential of ...
Hafeez, Bilal
core
Social Activism Through Shareholder Activism [PDF]
This article is based on the author\u27s keynote address at the 2018-2019 Lara D. Gass Annual Symposium: Civil Rights and Shareholder Activism at Washington and Lee University School of Law, February 15, 2019.
Fairfax, Lisa M.
core +2 more sources
De Facto Control: Applying Game Theory to the Law on Corporate Nationality [PDF]
One unexamined assumption in foreign ownership regulation is the notion that majority voting rights translate to 'effective control'. This assumption is so deeply entrenched in foreign investments law that possession of majority voting rights can determine the nationality of a corporation and its capacity to engage in partially nationalized economic ...
arxiv
Shareholder activism in Japan: social pressure, private cost and organized crime [PDF]
Prior research provides mixed results on the capacity of American shareholder activists to improve managerial behavior. In Japan, however, alternative means of external control (e.g. take-over, litigations) are not as effective as in the U.S. Challenging
Hilary, Gilles, Oshika, Tomoki
core
Returns to Shareholder Activism: Evidence from a Clinical Study of the Hermes UK Focus Fund [PDF]
Marco Becht+3 more
openalex +2 more sources
From Apathy to Activism: The Emergence, Impact, and Future of Shareholder Activism as the New Corporate Governance Norm [PDF]
The conventional and long-held view that public company shareholders are, and should be, rationally apathetic is waning. Today, public company shareholders are active.
Fairfax, Lisa M.
core +1 more source
Shareholder Activism as a Corrective Mechanism in Corporate Governance [PDF]
Under an Arrowian framework, centralized authority and management provides for optimal decision making in large organizations. However, Kenneth Arrow also recognized that other elements within the organization, beyond the central authority, occasionally ...
Rose, Paul, Sharfman, Bernard S.
core +3 more sources
Focus on: Mobilizing Investors Networks behind Shareholder Activism in France
International audienceThis paper makes three contributions: first, it analyses and conceptualizes professional shareholder activists and their use of international investor networks to engage French companies. We explain the changes in French legislation
Gates, Stephen, Girard, Carine
core +1 more source