Results 181 to 190 of about 326,272 (250)
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The Effect of Shareholder Activism on Earnings Management: Evidence from Shareholder Proposals
Journal of Corporate Finance, 2021We 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
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SSRN Electronic Journal, 2005
In this paper, we begin by documenting the successes and failures of institutional shareholder activism in recent years in section I. We find that overall institutional activism has been of marginal importance at targeted firms. We then move on in section II to contrast institutional investor activism with the much more aggressive recent activism of ...
Frank Partnoy, Randall S. Thomas
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In this paper, we begin by documenting the successes and failures of institutional shareholder activism in recent years in section I. We find that overall institutional activism has been of marginal importance at targeted firms. We then move on in section II to contrast institutional investor activism with the much more aggressive recent activism of ...
Frank Partnoy, Randall S. Thomas
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International Journal of Law and Management, 2021
Purpose This paper aims to elaborate on the extent to which the Indonesian legal framework has provided room for shareholder activism and the extent to which shareholder activism has been implemented in Indonesia.
Ulya Yasmine Prisandani
semanticscholar +1 more source
Purpose This paper aims to elaborate on the extent to which the Indonesian legal framework has provided room for shareholder activism and the extent to which shareholder activism has been implemented in Indonesia.
Ulya Yasmine Prisandani
semanticscholar +1 more source
Shareholder activism and voluntary disclosure
Review of Accounting Studies, 2015We examine the relation between shareholder activism and voluntary disclosure. An important consequence of voluntary disclosure is less adverse selection in the capital markets. One class of traders that finds less adverse selection unprofitable is activist investors who target mispriced firms whose valuations they can improve.
Jordan Schoenfeld +2 more
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Shareholder Activism: The Suspicious Shareholder
SSRN Electronic Journal, 2011The European Commission sees active institutional ownership as an important corporate governance mechanism, and several regulatory initiatives have been taken to enhance shareholder activism by improving shareholders’ rights and facilitating shareholder monitoring.
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VOTING POWER AND SHAREHOLDER ACTIVISM.
Academy of Management Proceedings, 2010The article discusses the development of a voting power theory that is applied to a unique data set on Swedish shareholder meetings. The authors hypothesize that there is a positive relationship between shareholder activism and the largest shareholder's sensitivity to greater participation by small shareholders.
Steen Thomsen +2 more
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Social Science Research Network, 2021
This article distinguishes two types of shareholder activism: (1) firm-specific activism, which has a long history and focuses on changes at a specific target company, and (2) systematic risk activism, which seeks to reduce the systematic risk in a ...
J. Coffee
semanticscholar +1 more source
This article distinguishes two types of shareholder activism: (1) firm-specific activism, which has a long history and focuses on changes at a specific target company, and (2) systematic risk activism, which seeks to reduce the systematic risk in a ...
J. Coffee
semanticscholar +1 more source
Journal of Management, 2013
Shareholder activism has become a dynamic institutional force, and its associated, rapidly increasing body of scholarly literature affects numerous disciplines within the organization science academy. In addition to equivocal results concerning the impact of shareholder activism on corporate outcomes, the separation of prior research into financial ...
Maria Goranova, Lori Verstegen Ryan
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Shareholder activism has become a dynamic institutional force, and its associated, rapidly increasing body of scholarly literature affects numerous disciplines within the organization science academy. In addition to equivocal results concerning the impact of shareholder activism on corporate outcomes, the separation of prior research into financial ...
Maria Goranova, Lori Verstegen Ryan
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Shareholder Activism and Firms' Voluntary Disclosure of Climate Change Risks
Strategic Management Journal, 2019This paper examines whether -- in the absence of mandated disclosure requirements -- shareholder activism can elicit greater disclosure of firms' exposure to climate change risks.
Caroline Flammer +2 more
semanticscholar +1 more source
Voting Power and Shareholder Activism: A Study of Swedish Shareholder Meetings
Corporate Governance: An International Review, 2010ABSTRACTManuscript Type: EmpiricalResearch Question/Issue: This paper analyses the impact of voting power on shareholder activism using unique data on activism at Swedish shareholder meetings. We hypothesize that there is a positive relationship between shareholder activism and a measure of the largest shareholder's sensitivity to increased ...
Therese Strand +2 more
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