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Shareholder Activism and Corporate Governance in the United States
16 references·16 citing·42 second hopsampled
Shareholder Activism and Corporate Governance in the United States (2002)Shareholder Activism and Corporate Govern…The motivation and impact of pension fund activism (1999)The motivation and impact of …The Influence of Institutions on Corporate Governance through Private Negotiations: Evidence from TIAA‐CREF (1998)The Influence of Institutions…Firm Performance and Board Committee Structure (1998)Firm Performance and Board Co…Measuring long-horizon security price performance (1997)Measuring long-horizon securi…Leadership structure: Separating the CEO and Chairman of the Board (1997)Leadership structure: Separat…Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Detecting long-run abnormal s…Shareholder Activism by Institutional Investors: Evidence from CalPERS (1996)Shareholder Activism by Insti…Pension Fund Activism and Firm Performance (1996)Pension Fund Activism and Fir…Investor capitalism: how money managers are changing the face of corporate America (1996)Investor capitalism: how mone…Corporate governance and shareholder initiatives: Empirical evidence (1996)Corporate governance and shar…Large Shareholder Activism, Risk Sharing, and Financial Market Equilibrium (1994)Large Shareholder Activism, R…Banks, Finance and Investment in Germany (1994)Banks, Finance and Investment…Liquidity versus Control: The Institutional Investor as Corporate Monitor (1991)Liquidity versus Control: The…Additional evidence on equity ownership and corporate value (1990)Additional evidence on equity…Ownership structure and voting on antitakeover amendments (1988)Ownership structure and votin…North Carolina Law Review (1927)North Carolina Law ReviewAre CSR activities associated with shareholder voting in director elections and say-on-pay votes? (2017)Are CSR activities associated…The association between institutional ownership and audit properties (2013)The association between insti…Ownership structure, corporate governance and firm performance (2012)Ownership structure, corporat…Corporate Governance and Development (2012)Corporate Governance and Deve…The History of Corporate Governance (2011)The History of Corporate Gove…The Ancients against the Moderns: Focusing on the Character of Corporate Leaders (2007)The Ancients against the Mode…Beyond the Dichotomous Worlds Hypothesis: towards a plurality of corporate governance logics (2007)Beyond the Dichotomous Worlds…Does Corporate Governance Causally Predict Firm Performance? Panel Data and Instrumental Variables Evidence (2006)Does Corporate Governance Cau…The Complementarity between Corporate Governance and Corporate Social Responsibility (2005)The Complementarity between C…Do Boards Pay Attention When Institutional Investor Activists 'Just Vote No'? (2004)Do Boards Pay Attention When …Institutional Investors, Corporate Ownership and Corporate Governance: Global Perspectives (2003)Institutional Investors, Corp…Corporate Governance: A Survey of the Literature (2003)Corporate Governance: A Surve…An Applied Econometricians' View of Empirical Corporate Governance Studies (2003)An Applied Econometricians' V…Does Confidential Proxy Voting Matter? (2002)Does Confidential Proxy Votin…Investment Practices of State and Local Pension Funds: Implications for Social Security Reform (2000)Investment Practices of State…CEO Compensation in the 1990s: Shareholder Alignment or Shareholder Expropriation? (2000)CEO Compensation in the 1990s…Agency Problems and the Theory of the Firm (1980)Separation of Ownership and Control (1983)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Audit committee, board of director characteristics, and earnings management (2002)Boards: Does one size fit all☆ (2007)Endogeneity and the dynamics of internal corporate governance (2012)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Higher market valuation of companies with a small board of directors (1996)A Survey of Corporate Governance (1997)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)An Economic Theory of Democracy. (1958)Large Shareholders and Corporate Control (1986)Management ownership and market valuation (1988)INSTRUMENTAL STAKEHOLDER THEORY: A SYNTHESIS OF ETHICS AND ECONOMICS (1995)Agency costs of free cash flow, corporate finance, and takeovers (1996)Corporate Disclosure Practices, Institutional Investors, and Stock Return Volatility (2000)Environmental risk management and the cost of capital (2008)Hedge Fund Activism, Corporate Governance, and Firm Performance (2008)Using daily stock returns (1985)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Capital markets research in accounting (2001)Introductory Econometrics for Finance (2008)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)Institutional monitoring and opportunistic earnings management (2002)Passive investors, not passive owners (2016)A Female Style in Corporate Leadership? Evidence from Quotas (2013)Logics in Action (2013)Culturally Responsive School Leadership (2016)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)Uniformly least powerful tests of market efficiency (2000)Short-sellers, fundamental analysis, and stock returns (2001)Econometrics of Event Studies**We thank Espen Eckbo, Jon Lewellen, Adam Kolasinski, and Jay Ritter for insightful comments, and Irfan Safdar and Alan Wancier for research assistance. (2007)Corporate Governance (2001)Voting with their feet: institutional ownership changes around forced CEO turnover (2003)The effect of institutional ownership on firm transparency and information production (2015)
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References

  • 1990Additional evidence on equity ownership and corporate value4,311 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 1998Firm Performance and Board Committee Structure1,774 cited
  • 1927North Carolina Law Review1,724 cited
  • 1988Ownership structure and voting on antitakeover amendments1,600 cited
  • 1997Leadership structure: Separating the CEO and Chairman of the Board1,529 cited
  • 1996Shareholder Activism by Institutional Investors: Evidence from CalPERS1,291 cited
  • 1997Measuring long-horizon security price performance991 cited
  • 1991Liquidity versus Control: The Institutional Investor as Corporate Monitor924 cited
  • 1999The motivation and impact of pension fund activism904 cited
  • 1994Large Shareholder Activism, Risk Sharing, and Financial Market Equilibrium903 cited
  • 1998The Influence of Institutions on Corporate Governance through Private Negotiations: Evidence from TIAA‐CREF833 cited
  • 1996Corporate governance and shareholder initiatives: Empirical evidence753 cited
  • 1996Investor capitalism: how money managers are changing the face of corporate America691 cited
  • 1996Pension Fund Activism and Firm Performance

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636 cited
  • 1994Banks, Finance and Investment in Germany614 cited
  • Cited by

    • 2005The Complementarity between Corporate Governance and Corporate Social Responsibility160 cited
    • 2004Do Boards Pay Attention When Institutional Investor Activists 'Just Vote No'?101 cited
    • 2012Ownership structure, corporate governance and firm performance82 cited
    • 2003Institutional Investors, Corporate Ownership and Corporate Governance: Global Perspectives81 cited
    • 2003Corporate Governance: A Survey of the Literature80 cited
    • 2003An Applied Econometricians' View of Empirical Corporate Governance Studies79 cited
    • 2000CEO Compensation in the 1990s: Shareholder Alignment or Shareholder Expropriation?70 cited
    • 2012Corporate Governance and Development54 cited
    • 2007The Ancients against the Moderns: Focusing on the Character of Corporate Leaders48 cited
    • 2000Investment Practices of State and Local Pension Funds: Implications for Social Security Reform43 cited
    • 2013The association between institutional ownership and audit properties40 cited
    • 2011The History of Corporate Governance35 cited
    • 2017Are CSR activities associated with shareholder voting in director elections and say-on-pay votes?32 cited
    • 2007Beyond the Dichotomous Worlds Hypothesis: towards a plurality of corporate governance logics31 cited
    • 2002Does Confidential Proxy Voting Matter?31 cited
    • 2006Does Corporate Governance Causally Predict Firm Performance? Panel Data and Instrumental Variables Evidence29 cited