Shareholder activism: A Swiss case study
This article examines the phenomenon of shareholder activism using a case study methodology as a qualitative research approach. Three affected Swiss public companies have been selected on the basis of an evaluation of all corresponding reports published by Finanz und Wirtschaft (FuW). The study covers the period from 2015 to 2019. The chosen companies,
Rautenstrauch, Thomas, Hummel, Janis
semanticscholar +4 more sources
The Corporate Opportunity Structure for Shareholder Activism: How Activist Hedge Funds Exploit Board Demographic Diversity [PDF]
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 +2 more sources
Shareholder Activism on Climate Change: Evolution, Determinants, and Consequences [PDF]
We study 944 shareholder proposals submitted to 343 U.S. firms on climate change issues during 2009–2022. We use logistic and two-stage regression to estimate the propensity for a firm to be targeted or subjected to a vote at the annual general meeting ...
Ivan Diaz-Rainey+4 more
semanticscholar +2 more sources
Institutional shareholder activism in Nigeria [PDF]
Purpose The purpose of this paper is to investigate institutional shareholder activism in Nigeria. It addresses the paucity of empirical research on institutional shareholder activism in sub-Saharan Africa. Design/methodology/approach This study uses agency theory to understand the institutional shareholder approach to shareholder activism in ...
Uche, Chinyere O+2 more
+9 more sources
Nigerian professional investors' sense-making of the impact of shareholder activism on corporate accountability [PDF]
This study investigates the perceptions of professional investors (PIs) on the impact of three groups of shareholder activists (i.e., reputable, sophisticated, or institutional) on corporate accountability in a weak institutional context and how this ...
Folajimi Ashiru+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
MINORITY SHAREHOLDERS IN MALAYSIA: IS THEIR RIGHT PROTECTED? [PDF]
Issues on corporate governance can be deliberate from various dimensions. This study explores the issue of governance related to the minority shareholders’ in Malaysia.
Suraiya Ishak, Ahmad Raflis Che Omar
doaj +3 more sources
Changing the world through shareholder activism?
As one of the more progressive facets of the socially responsibleinvestment (SRI) movement, shareholder activism isgenerally recommended or justified on the grounds that itcan create social change.
Joakim Sandberg
doaj +3 more sources
How do Managers use Management Control Systems in Response to Shareholder Activism? [PDF]
We study how managers interactively use management control systems (MCS) in response to shareholder activism in a context of performance declines.
Marcielle Anzilago+2 more
semanticscholar +3 more sources
Soft Shareholder Activism [PDF]
This paper studies communications between investors and firms as a form of corporate governance. Activist investors cannot force their ideas on companies; they must persuade the board or other shareholders that implementing these ideas is beneficial to the firm.
Doron Levit
openaire +7 more sources