Showing 131 - 140 of 356,848
Persistent link: https://www.econbiz.de/10013288202
The post-Enron era is marked with growing discourse of stakeholders, sustainability, and corporate social responsibility (CSR). Commentators debate whether U.S. corporations have indeed moved towards a stakeholder orientation, given the difficulties in measuring such a shift. We assess this...
Persistent link: https://www.econbiz.de/10014240887
An efficient corporate governance system ensures that an organization runs smoothly, protects shareholders, and ensures … power, majority shareholders can abuse their power by making major corporate decisions such as investments, director … appointments, and misuse of the company's financial resources to suit their own interests. Minority shareholders are often …
Persistent link: https://www.econbiz.de/10014259715
time, it has become clear that the priorities of shareholders are often misaligned with those of the managers, with the …, shareholders should have a direct influence on the compensation paid to executives.To achieve that goal, the policymakers in the …
Persistent link: https://www.econbiz.de/10014264200
Using natural language processing, we identify and categorize the corporate goals in the shareholder letters of the 150 largest companies in the United States, from 1955 to 2020. Corporate goals have proliferated during this period from an average of two in 1955 to almost 10 in 2020. We find a...
Persistent link: https://www.econbiz.de/10013349995
with theory of the firm based on conflicts of interests between shareholders and stakeholders, we find that establishments … of firms that experience an increase in ownership by larger and more concentrated institutional shareholders have lower … local labor markets, and for dedicated and activist institutional shareholders. The labor losses are accompanied by higher …
Persistent link: https://www.econbiz.de/10013334421
We construct a novel data set to show that, between 2003-2020, up to one-fifth of America's largest firms had a non-financial blockholder or insider as their largest shareholder. Blockholders and insiders tend to be less diversified than institutional investors. Measures of "universal" and...
Persistent link: https://www.econbiz.de/10013365123
primary mechanisms through which shareholders participate in corporate governance and "voice" their opinions to company … competition among U.S. banks induces more shareholders to vote against management proposals. …
Persistent link: https://www.econbiz.de/10013397736
This paper compares the extent of common ownership in the US and the EU stock markets, with a particular focus on differences in the ap-plicable ownership transparency requirements. Most empirical research on common ownership to date has focused on US issuers, largely relying on ownership data...
Persistent link: https://www.econbiz.de/10013402996
Persistent link: https://www.econbiz.de/10013443327