TITLE

CORPORATE RESPONSES TO SHAREHOLDER ACTIVISM: AN INSTITUTIONAL PERSPECTIVE

AUTHOR(S)
REHBEIN, KATHLEEN; BRAMMER, STEPHEN; LOGSDON, JEANNE M.; VAN BUREN III, HARRY J.
PUB. DATE
August 2009
SOURCE
Academy of Management Annual Meeting Proceedings;2009, Vol. 2009 Issue 1, p1
SOURCE TYPE
Conference Proceeding
DOC. TYPE
Article
ABSTRACT
The article presents management science research on stockholder activism, examining the response of corporations to stockholder resolutions seeking company policies aimed at contributing to social change. It is hypothesized that corporate reaction to such resolutions is largely determined by institutional influences with a business enterprise's particular industry. It is found that the degree of support for such stockholder initiatives by other corporations within an industry will directly increase the likelihood of a corporation doing so as well.
ACCESSION #
44251839

 

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