We examine the influence of proxy advisors on firms’ shareholder engagement behavior. Our analyses exploit a quasi-natural experiment using Say-On-Pay voting outcomes near a threshold that triggers a review of engagement activities by Institutional Shareholder Services (ISS). Firms receiving...

The knowledge economy has been characterised by the proliferation of new forms of expert labour such as IT (Marks and Scholarios, 2007), advertising (Alvesson, 2004), and as discussed in this paper, project management (Hodgson and Muzio, 2010), management consultancy (Fincham, 2006; Kirkpatrick et...