Public ‘say on pay’ activism in South Africa: Targets, challengers, themes and impact
Background: Shareholders and other stakeholders in South Africa are increasingly raising their concerns in public about seemingly excessive executive remuneration. Most of their criticism is rooted in the large and growing wage gap in the country.
Suzette Viviers+3 more
doaj +1 more source
COVID-19 and Company Knowledge Graphs: Assessing Golden Powers and Economic Impact of Selective Lockdown via AI Reasoning [PDF]
In the COVID-19 outbreak, governments have applied progressive restrictions to production activities, permitting only those that are considered strategic or that provide essential services. This is particularly apparent in countries that have been stricken hard by the virus, with Italy being a major example.
arxiv
Value creation in shareholder activism
Abstract We measure value creation by activist investors via structural estimation of a model of the choice between passive investment and activism. Our estimates imply that average returns following activist intent announcements consist of 74.8 % expected value creation, or treatment, 13.4 % stock picking, and 11.8 ...
Rui Albuquerque+5 more
openaire +2 more sources
Change of ownership networks in Japan [PDF]
As complex networks in economics, we consider Japanese shareholding networks as they existed in 1985, 1990, 1995, 2000, 2002, and 2003. In this study, we use as data lists of shareholders for companies listed on the stock market or on the over-the-counter market. The lengths of the shareholder lists vary with the companies, and we use lists for the top
arxiv
The Origin of Corporate Control Power [PDF]
How does the control power of corporate shareholder arise? On the fundamental principles of economics, we discover that the probability of a shareholder possessing optimal control power evolves in Fibonacci series pattern and emerges as the wave between 1/2 and 2/3 along with time in period of 12h (h is the time interval between the state and state of ...
arxiv
What Is Influencing Financially-Driven Shareholder Activism in the US and UK—Principal-Agent or Principal-Principal Problems? [PDF]
Shareholder activism is a response to corporate underperformance by one or more shareholders of the corporation. Classic agency theory suggests that shareholder activism is a mechanism to curb principal-agent problems in the firm.
Muller-Kahle, Maureen I.
core +1 more source
A Note on Shareholder Oversight and the Regulatory Environment: The Japanese Banking Experience [PDF]
During a period where Japanese banks operated under a less restrictive regulatory environment, 1986-88, we find positive relationships between bank risk and ownership concentration.
Kim, Kenneth A., Rhee, S. Ghon
core
The Professionalization of Shareholder Activism in France [PDF]
Shareholder activism in France is increasingly influenced by networks of hedge fund investors and other specialized players (including proxy advisory firms and investor associations).
Gates, Stephen, Girard, Carine
core
Shareholder Activism and the Role of Marketing: A Framework for Analyzing and Managing Investor Relations [PDF]
This paper proposes a conceptual framework that shows the role of (the) marketing (function) in managing investor relations. The framework complements existing literature on the marketing-finance interface and explicitly includes investor relationships ...
Hoffmann, Arvid O.I.+1 more
core +1 more source
Shareholder Activism through Proxy Proposals: The European Perspective [PDF]
Péter Cziráki+2 more
openalex +2 more sources