This study uses two distinct quasi-natural experiments to examine the effect of institutional shareholders on corporate … reconstitutions improves portfolio firms' CSR performance. We then find that firms have lower CSR ratings when shareholders are … financially material. Furthermore, we show that institutional shareholders influence CSR through CSR-related proposals. Overall …

directors, shareholders, judges and scholars are on edge. Directors yearn for a certain kind of shareholder, especially one that … own fleetingly. Shareholders want a voice, and that patient-focused cohort has the softest one today, crowded out by … directors and shareholders, while easing the judicial burden and scholarly angst: on corporate matters where stakes run high …

. We show that, contrary to popular belief based on prior studies, shareholder votes have power and result in negative …