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Standing on the Shoulders of Giants: The Effect of Passive Investors on Activism
16 references·16 citing·39 second hopsampled
Standing on the Shoulders of Giants: The Effect of Passive Investors on Activism (2018)Standing on the Shoulders of Giants: The …How does hedge fund activism reshape corporate innovation? (2018)How does hedge fund activism …The Effect of Institutional Ownership on Payout Policy: Evidence from Index Thresholds (2016)The Effect of Institutional O…Playing it safe? Managerial preferences, risk, and agency conflicts (2016)Playing it safe? Managerial p…Passive investors, not passive owners (2016)Passive investors, not passiv…Behind the Scenes: The Corporate Governance Preferences of Institutional Investors (2016)Behind the Scenes: The Corpor…The effect of institutional ownership on firm transparency and information production (2015)The effect of institutional o…Active Ownership (2015)Active OwnershipInvestor activism and takeovers☆ (2009)Investor activism and takeove…Extreme Governance: An Analysis of Dual-Class Firms in the United States (2009)Extreme Governance: An Analys…Entrepreneurial Shareholder Activism: Hedge Funds and Other Private Investors (2009)Entrepreneurial Shareholder A…Hedge Fund Activism, Corporate Governance, and Firm Performance (2008)Hedge Fund Activism, Corporat…The Evolution of Shareholder Activism in the United States* (2007)The Evolution of Shareholder …Enjoying the Quiet Life? Corporate Governance and Managerial Preferences (2003)Enjoying the Quiet Life? Corp…Do Institutional Investors Prefer Near‐Term Earnings over Long‐Run Value?* (2001)Do Institutional Investors Pr…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)Takeover Bids, The Free-Rider…The Big Three and board gender diversity: The effectiveness of shareholder voice (2023)The Big Three and board gende…Shareholder Monitoring through Voting: New Evidence from Proxy Contests (2023)Shareholder Monitoring throug…Benchmarking Intensity (2022)Benchmarking IntensityWill the EU Taxonomy Regulation Foster Sustainable Corporate Governance? (2021)Will the EU Taxonomy Regulati…The liabilities of foreign institutional ownership: Managing political dependence through corporate political spending (2020)The liabilities of foreign in…The Big Three and Board Gender Diversity: The Effectiveness of Shareholder Voice (2020)The Big Three and Board Gende…Institutional Investors and Hedge Fund Activism (2020)Institutional Investors and H…Institutional Investors and Corporate Governance (2020)Institutional Investors and C…Dancing with activists (2020)Dancing with activistsWho's paying attention? Measuring common ownership and its impact on managerial incentives (2019)Who's paying attention? Measu…Portfolio Spillover of Institutional Investor Activism: An Awareness–Motivation–Capability Perspective (2019)Portfolio Spillover of Instit…Ownership concentration and institutional investors’ governance through voice and exit (2019)Ownership concentration and i…Index Funds and the Future of Corporate Governance: Theory, Evidence, and Policy (2019)Index Funds and the Future of…Blockholder voting (2019)Blockholder votingPicking Friends Before Picking (Proxy) Fights: How Mutual Fund Voting Shapes Proxy Contests (2018)Picking Friends Before Pickin…Corporate Tax Havens and Transparency (2017)Corporate Tax Havens and Tran…Mergers and the Market for Corporate Control (1965)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)A Survey of Corporate Governance (1997)Law and Finance (1998)Corporate Ownership Around the World (1999)Do institutional investors drive corporate social responsibility? International evidence (2018)The Importance of Climate Risks for Institutional Investors (2019)Firms and social responsibility: A review of ESG and CSR research in corporate finance (2021)Tobin's q, Corporate Diversification, and Firm Performance (1994)Diversification's effect on firm value (1995)CEO Overconfidence and Corporate Investment (2005)What Matters in Corporate Governance? (2008)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)Separation of Ownership and Control (1983)Agency costs of free cash flow, corporate finance, and takeovers (1996)Anticompetitive Effects of Common Ownership (2018)Institutional shareholders and corporate social responsibility (2019)Large Shareholders as Monitors: Is There a Trade‐Off between Liquidity and Control? (1998)Corporate governance proposals and shareholder activism: the role of institutional investors (2000)Corporate Governance and Equity Prices (2003)Corporate Governance, Product Market Competition, and Equity Prices (2011)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)The Influence of Institutional Investors on Myopic R&D Investment Behavior (1998)Socially responsible firms (2016)Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)ESG performance and firm value: The moderating role of disclosure (2017)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Large Shareholders and Corporate Control (1986)Responding to public and private politics: corporate disclosure of climate change strategies (2009)ESG and financial performance: aggregated evidence from more than 2000 empirical studies (2015)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)The Impact of Corporate Sustainability on Organizational Processes and Performance (2014)Sustainable investing in equilibrium (2020)Corporate green bonds (2021)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 2003Enjoying the Quiet Life? Corporate Governance and Managerial Preferences3,773 cited
  • 1980Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation3,093 cited
  • 2008Hedge Fund Activism, Corporate Governance, and Firm Performance1,510 cited
  • 2016Behind the Scenes: The Corporate Governance Preferences of Institutional Investors1,492 cited
  • 2001Do Institutional Investors Prefer Near‐Term Earnings over Long‐Run Value?*1,280 cited
  • 2015Active Ownership1,241 cited
  • 2015The effect of institutional ownership on firm transparency and information production1,008 cited
  • 2016Passive investors, not passive owners975 cited
  • 2007The Evolution of Shareholder Activism in the United States*838 cited
  • 2009Entrepreneurial Shareholder Activism: Hedge Funds and Other Private Investors833 cited
  • 2009Extreme Governance: An Analysis of Dual-Class Firms in the United States672 cited
  • 2018How does hedge fund activism reshape corporate innovation?607 cited
  • 2016Playing it safe? Managerial preferences, risk, and agency conflicts507 cited
  • 2009Investor activism and takeovers☆

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

484 cited
  • 2016The Effect of Institutional Ownership on Payout Policy: Evidence from Index Thresholds475 cited
  • Cited by

    • 2019Who's paying attention? Measuring common ownership and its impact on managerial incentives159 cited
    • 2022Benchmarking Intensity159 cited
    • 2017Corporate Tax Havens and Transparency136 cited
    • 2019Index Funds and the Future of Corporate Governance: Theory, Evidence, and Policy128 cited
    • 2023The Big Three and board gender diversity: The effectiveness of shareholder voice124 cited
    • 2019Portfolio Spillover of Institutional Investor Activism: An Awareness–Motivation–Capability Perspective123 cited
    • 2020Dancing with activists120 cited
    • 2020The liabilities of foreign institutional ownership: Managing political dependence through corporate political spending98 cited
    • 2020Institutional Investors and Hedge Fund Activism81 cited
    • 2018Picking Friends Before Picking (Proxy) Fights: How Mutual Fund Voting Shapes Proxy Contests76 cited
    • 2020The Big Three and Board Gender Diversity: The Effectiveness of Shareholder Voice71 cited
    • 2019Ownership concentration and institutional investors’ governance through voice and exit67 cited
    • 2021Will the EU Taxonomy Regulation Foster Sustainable Corporate Governance?62 cited
    • 2019Blockholder voting60 cited
    • 2023Shareholder Monitoring through Voting: New Evidence from Proxy Contests58 cited
    • 2020Institutional Investors and Corporate Governance48 cited