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considering stakeholders other than shareholders in determining material issues and materiality for strategy and reporting. New …
Persistent link: https://www.econbiz.de/10011540383
shareholders. This paper examines whether this form of engagement mitigates activism that relies upon support from other … shareholders. We find that IR engagement is associated with increased investor confidence in management and the board, as well as a … factor in achieving mutual understanding and trust between the firm and its shareholders, which deters activist investors and …
Persistent link: https://www.econbiz.de/10013230898
stakeholder engagement from the questions posed. This paper investigated the effects of shareholders' monitoring through the … Minority Shareholders Watch Group (MSWG), the Employees Provident Fund (EPF), and other government-linked institutions on … corporate communication via minutes of shareholders' meeting. This study also incorporated firm size, audit quality …
Persistent link: https://www.econbiz.de/10014562847
The objective of this paper is to investigate the role of Investor Relations (IR) in the performance of companies listed on the Bucharest Stock Exchange. The study is motivated by the findings in the literature that investor relations may boost information disclosure, analyst following,...
Persistent link: https://www.econbiz.de/10012798373
This paper uses a unique US dataset to analyze the demand for Directors' and Officers' liability insurance. This insurance protects managers mostly from shareholder litigation. Corporate insurance presents a much different environment than individual insurance and calls for in-depth empirical...
Persistent link: https://www.econbiz.de/10011568692
shareholders and corporate risk. The findings suggest that celebrity shareholders increased corporate risk. And the main reason is …. Furthermore, this study finds that celebrity shareholders had a greater impact on corporate risk among firms with no independent … directors, a high proportion of management shareholders, a low proportion of institutional investors and those belonging to the …
Persistent link: https://www.econbiz.de/10014515741
Persistent link: https://www.econbiz.de/10012051644
Managerial resistance precludes half of shareholder-initiated proposals from reaching the ballot stage. I construct a novel dataset of excluded and withdrawn proposals from the Securities and Exchange Commission's responses to managers' exclusion requests. An examination of announcement returns...
Persistent link: https://www.econbiz.de/10011976966
Persistent link: https://www.econbiz.de/10011942905
In order to better differentiate the drivers of corporations' actions, in particular shareholder wealth and stakeholder interests, the paper explores the significance of the comply or explain-principle and its underlying enforcement mechanisms more generally. Against this background, compliance...
Persistent link: https://www.econbiz.de/10011564889