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Board of Directors' Responsiveness to Shareholders: Evidence from Shareholder Proposals
16 references·16 citing·35 second hopsampled
Board of Directors' Responsiveness to Shareholders: Evidence from Shareholder Proposals (2005)Board of Directors' Responsiveness to Sha…Are Busy Boards Effective Monitors? (2012)Are Busy Boards Effective Mon…Hedge Fund Activism, Corporate Governance, and Firm Performance (2008)Hedge Fund Activism, Corporat…Financial fraud, director reputation, and shareholder wealth (2007)Financial fraud, director rep…Governance Mechanisms and Equity Prices (2005)Governance Mechanisms and Equ…Consequences of Financial Reporting Failure for Outside Directors: Evidence from Accounting Restatements and Audit Committee Members (2005)Consequences of Financial Rep…Additions to corporate boards: the effect of gender (2004)Additions to corporate boards…Too Busy to Mind the Business? Monitoring by Directors with Multiple Board Appointments (2003)Too Busy to Mind the Business…Corporate Governance and Equity Prices (2003)Corporate Governance and Equi…Corporate governance proposals and shareholder activism: the role of institutional investors (2000)Corporate governance proposal…CEO Involvement in the Selection of New Board Members: An Empirical Analysis (1999)CEO Involvement in the Select…Leadership structure: Separating the CEO and Chairman of the Board (1997)Leadership structure: Separat…Shareholder Activism by Institutional Investors: Evidence from CalPERS (1996)Shareholder Activism by Insti…Separation of Ownership and Control (1983)Separation of Ownership and C…Agency Problems and the Theory of the Firm (1980)Agency Problems and the Theor…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…The Modern Corporation and Private Property (1933)The Modern Corporation and Pr…What are the consequences of board destaggering? (2016)What are the consequences of …Pay for Talk: How the Use of Shareholder‐Value Language Affects CEO Compensation (2016)Pay for Talk: How the Use of …Exploring the research fronts and main paths of literature: a case study of shareholder activism research (2016)Exploring the research fronts…CEO duality, board independence, corporate governance and firm performance in family firms: Evidence from the manufacturing industry in Malaysia (2014)CEO duality, board independen…The incentives of grey directors: Evidence from unexpected executive and board chair turnover (2013)The incentives of grey direct…The Geography of Shareholder Engagement: Evidence from a Large British Institutional Investor (2013)The Geography of Shareholder …Shareholder Activism: A Multidisciplinary Review (2013)Shareholder Activism: A Multi…Earnings Management and Annual General Meetings: The Role of Managerial Entrenchment (2013)Earnings Management and Annua…Is Disclosure an Effective Cleansing Mechanism? The Dynamics of Compensation Peer Benchmarking (2012)Is Disclosure an Effective Cl…‘Low-Cost’ Shareholder Activism: A Review of the Evidence (2012)‘Low-Cost’ Shareholder Activi…Shareholder rights, shareholder voting, and corporate performance (2010)Shareholder rights, sharehold…Are Shareholder Proposals an Important Corporate Governance Device? Evidence from US and UK Shareholder Proposals (2010)Are Shareholder Proposals an …Shareholder Activism through Proxy Proposals: The European Perspective (2009)Shareholder Activism through …Shareholder Activism and CEO Pay (2009)Shareholder Activism and CEO …Say on Pay Votes and CEO Compensation: Evidence from the UK (2009)Say on Pay Votes and CEO Comp…Mutual Funds as Monitors: Evidence From Mutual Fund Voting (2009)Mutual Funds as Monitors: Evi…The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Corporate governance and the value of cash holdings (2006)The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey (2010)Do institutional investors drive corporate social responsibility? International evidence (2018)The Nature of the Firm (1937)Mergers and the Market for Corporate Control (1965)A Survey of Corporate Governance (1997)Dynamic capabilities and strategic management (1997)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Large Shareholders as Monitors: Is There a Trade‐Off between Liquidity and Control? (1998)Corporate Governance, Product Market Competition, and Equity Prices (2011)Active Ownership (2015)Behind the Scenes: The Corporate Governance Preferences of Institutional Investors (2016)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Theory: An Assessment and Review (1989)Strategic assets and organizational rent (1993)Large Shareholders and Corporate Control (1986)Higher market valuation of companies with a small board of directors (1996)Corporate governance, chief executive officer compensation, and firm performance (1999)Corporate Governance and Accounting Scandals (2005)Do Politically Connected Boards Affect Firm Value? (2008)Risk, Return, and Equilibrium: Empirical Tests (1973)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)How do family ownership, control and management affect firm value? (2005)How does financial reporting quality relate to investment efficiency? (2009)The Impact of Corporate Sustainability on Organizational Processes and Performance (2014)International Corporate Governance (2003)The Gender and Ethnic Diversity of US Boards and Board Committees and Firm Financial Performance (2010)The role of information and financial reporting in corporate governance and debt contracting (2010)Law and Finance (1998)Corporate Governance, Accounting Outcomes, and Organizational Performance (2007)Women in the boardroom and their impact on governance and performance☆ (2009)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 1980Agency Problems and the Theory of the Firm10,540 cited
  • 1933The Modern Corporation and Private Property7,361 cited
  • 2003Corporate Governance and Equity Prices6,115 cited
  • 2000Corporate governance proposals and shareholder activism: the role of institutional investors1,776 cited
  • 1997Leadership structure: Separating the CEO and Chairman of the Board1,529 cited
  • 2008Hedge Fund Activism, Corporate Governance, and Firm Performance1,510 cited
  • 2003Too Busy to Mind the Business? Monitoring by Directors with Multiple Board Appointments1,481 cited
  • 1999CEO Involvement in the Selection of New Board Members: An Empirical Analysis1,297 cited
  • 1996Shareholder Activism by Institutional Investors: Evidence from CalPERS1,291 cited
  • 2005Governance Mechanisms and Equity Prices1,219 cited
  • 2004Additions to corporate boards: the effect of gender1,162 cited
  • 2012Are Busy Boards Effective Monitors?1,051 cited
  • 2005Consequences of Financial Reporting Failure for Outside Directors: Evidence from Accounting Restatements and Audit Committee Members

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1,045 cited
  • 2007Financial fraud, director reputation, and shareholder wealth1,041 cited
  • Cited by

    • 2014CEO duality, board independence, corporate governance and firm performance in family firms: Evidence from the manufacturing industry in Malaysia74 cited
    • 2009Mutual Funds as Monitors: Evidence From Mutual Fund Voting61 cited
    • 2012‘Low-Cost’ Shareholder Activism: A Review of the Evidence56 cited
    • 2009Say on Pay Votes and CEO Compensation: Evidence from the UK52 cited
    • 2009Shareholder Activism and CEO Pay46 cited
    • 2016Pay for Talk: How the Use of Shareholder‐Value Language Affects CEO Compensation44 cited
    • 2010Shareholder rights, shareholder voting, and corporate performance43 cited
    • 2012Is Disclosure an Effective Cleansing Mechanism? The Dynamics of Compensation Peer Benchmarking41 cited
    • 2009Shareholder Activism through Proxy Proposals: The European Perspective38 cited
    • 2013Shareholder Activism: A Multidisciplinary Review37 cited
    • 2016What are the consequences of board destaggering?36 cited
    • 2013The Geography of Shareholder Engagement: Evidence from a Large British Institutional Investor31 cited
    • 2013The incentives of grey directors: Evidence from unexpected executive and board chair turnover30 cited
    • 2013Earnings Management and Annual General Meetings: The Role of Managerial Entrenchment29 cited
    • 2010Are Shareholder Proposals an Important Corporate Governance Device? Evidence from US and UK Shareholder Proposals29 cited
    • 2016Exploring the research fronts and main paths of literature: a case study of shareholder activism research24 cited