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The Endurance of Shareholder Value Maximization as the Preferred Corporate Objective
16 references·4 citing·47 second hop
The Endurance of Shareholder Value Maximization as the Preferred Corporate Objective (2021)The Endurance of Shareholder Value Maximi…Anticompetitive Effects of Common Ownership (2018)Anticompetitive Effects of Co…The Agency Problems of Institutional Investors (2017)The Agency Problems of Instit…Equity Vesting and Investment (2017)Equity Vesting and InvestmentBlockholder Trading, Market Efficiency, and Managerial Myopia (2009)Blockholder Trading, Market E…The impact of institutional ownership on corporate operating performance (2007)The impact of institutional o…The Evolution of Shareholder Activism in the United States* (2007)The Evolution of Shareholder …The Colors of Investors' Money: The Role of Institutional Investors Around the World (2007)The Colors of Investors' Mone…The Corporate Objective Revisited (2004)The Corporate Objective Revis…Non-Governmental Organizations, Shareholder Activism, and Socially Responsible Investments: Ethical, Strategic, and Governance Implications (2004)Non-Governmental Organization…Institutional Investors and Executive Compensation (2003)Institutional Investors and E…Corporate Governance, Corporate Ownership, and the Role of Institutional Investors: A Global Perspective (2003)Corporate Governance, Corpora…Large Shareholders as Monitors: Is There a Trade‐Off between Liquidity and Control? (1998)Large Shareholders as Monitor…Production, Information Costs and Economic Organization (1996)Production, Information Costs…INSTITUTIONAL INVESTORS AND FIRM INNOVATION: A TEST OF COMPETING HYPOTHESES (1996)INSTITUTIONAL INVESTORS AND F…Competitive advantage, creating and sustaining superior performance (1985)Competitive advantage, creati…Voting in Corporate Law (1983)Voting in Corporate LawBuilding long-term value: A practical guide to integrating ESG into business strategies (2025)Building long-term value: A p…When the Principal Is the Firm’s Problem: Principal Costs and Their Corporate Governance Implications (2024)When the Principal Is the Fir…Towards a more inclusive notion of values in acquisition research (2023)Towards a more inclusive noti…Ownership and corporate governance across institutional contexts (2022)Ownership and corporate gover…Large Shareholders and Corporate Control (1986)Ownership structure and voting on antitakeover amendments (1988)Market Liquidity and Performance Monitoring (1993)The Association between Outside Directors, Institutional Investors and the Properties of Management Earnings Forecasts (2005)Hedge Fund Activism, Corporate Governance, and Firm Performance (2008)Behind the Scenes: The Corporate Governance Preferences of Institutional Investors (2016)The Modern Corporation and Private Property (1933)Corporate Ownership Around the World (1999)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)Do institutional investors drive corporate social responsibility? International evidence (2018)The Structure of Corporate Ownership: Causes and Consequences (1985)A Survey of Corporate Governance (1997)The ultimate ownership of Western European corporations (2002)The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review (2019)Socially responsible corporate customers (2020)The Big Three and corporate carbon emissions around the world (2021)Risk, Return, and Equilibrium: Empirical Tests (1973)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Corporate governance, capital structure and firm performance: Evidence from Thailand (2017)Are institutional investors with multiple blockholdings effective monitors? (2018)Green credit policy and firm performance: What we learn from China (2021)Performance Pay and Top-Management Incentives (1990)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)Pay without performance: the unfulfilled promise of executive compensation (2005)Monitoring: Which institutions matter? (2007)Corporate Social Responsibility as a Conflict Between Shareholders (2010)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Law and Finance (1998)Corporate Governance and Equity Prices (2003)How does financial reporting quality relate to investment efficiency? (2009)The Importance of Climate Risks for Institutional Investors (2019)The Nature of the Firm (1937)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Stakeholder Theory and “The Corporate Objective Revisited” (2004)Toward a political conception of corporate responsibility: Business and society seen from a habermasian perspective (2007)Strategic management a stakeholder approach (2010)The New Political Role of Business in a Globalized World: A Review of a New Perspective on CSR and its Implications for the Firm, Governance, and Democracy (2010)Separation of Ownership and Control (1983)Responding to public and private politics: corporate disclosure of climate change strategies (2009)Active Ownership (2015)ESG and financial performance: aggregated evidence from more than 2000 empirical studies (2015)Equilibrium Unemployment as a Worker Discipline Device (1986)Property Rights and the Nature of the Firm (1990)Comparative Economic Organization: The Analysis of Discrete Structural Alternatives (1991)Exploring internal stickiness: Impediments to the transfer of best practice within the firm (1996)Value creation in E‐business (2001)Authentic leadership development: Getting to the root of positive forms of leadership (2005)
this work references cited by second hop

References

  • 1985Competitive advantage, creating and sustaining superior performance10,284 cited
  • 1996Production, Information Costs and Economic Organization9,565 cited
  • 2007The Colors of Investors' Money: The Role of Institutional Investors Around the World2,025 cited
  • 2003Institutional Investors and Executive Compensation2,012 cited
  • 1998Large Shareholders as Monitors: Is There a Trade‐Off between Liquidity and Control?1,453 cited
  • 2009Blockholder Trading, Market Efficiency, and Managerial Myopia1,264 cited
  • 2018Anticompetitive Effects of Common Ownership979 cited
  • 2004The Corporate Objective Revisited931 cited
  • 2007The Evolution of Shareholder Activism in the United States*838 cited
  • 2007The impact of institutional ownership on corporate operating performance761 cited
  • 2003Corporate Governance, Corporate Ownership, and the Role of Institutional Investors: A Global Perspective714 cited
  • 1996INSTITUTIONAL INVESTORS AND FIRM INNOVATION: A TEST OF COMPETING HYPOTHESES568 cited
  • 2017The Agency Problems of Institutional Investors407 cited
  • 2004Non-Governmental Organizations, Shareholder Activism, and Socially Responsible Investments: Ethical, Strategic, and Governance Implications403 cited
  • 2017

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Equity Vesting and Investment
366 cited
  • 1983Voting in Corporate Law334 cited
  • Cited by

    • 2024When the Principal Is the Firm’s Problem: Principal Costs and Their Corporate Governance Implications23 cited
    • 2022Ownership and corporate governance across institutional contexts18 cited
    • 2023Towards a more inclusive notion of values in acquisition research14 cited
    • 2025Building long-term value: A practical guide to integrating ESG into business strategies11 cited