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Author:Gillan, S. L.
Starks, L. T.
Title:Corporate governance proposals and shareholder activism: the role of institutional investors
Journal:Journal of Financial Economics
2000 : AUG, VOL. 57:2, p. 275-305
Index terms:Corporate finance
Business economics
Shareholders
Company ownership
Language:eng
Abstract:The authors study shareholder proposals across a period of substantial activity, and find systematic differences both across sponsor identity and across time. To measure the success of shareholder activism, they examine voting outcomes and short-term market reactions conditioned on proposal type and sponsor identity.
SCIMA record nr: 215718
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