Discussion of 'Importing Activists: Determinants and Consequences of Increased Cross-border shareholder activism'

• 成果类型: Editorial Material
• 署名作者: Lowry, Michelle
• 署名单位: Drexel University
• 刊物名称: JOURNAL OF ACCOUNTING & ECONOMICS
• ISSN/ISSBN: 0165-4101
• DOI: 10.1016/j.jacceco.2022.101540
• 发表日期: 2022
• 关键词: CORPORATE GOVERNANCE; Investor protection; boards

摘要

Maffett et al. (2022) [Importing Activists: Determinants and Consequences of Increased Cross-border shareholder activism. Journal of Accounting and Economics, forthcoming] find that regulations on shareholder engagement and board structure lead to increased shareholder activism. How generalizable is this conclusion: can we conclude more generally that shareholder empowering regulations contribute to increased shareholder engagement? I discuss three areas along which future research can increase our understanding of this bigger picture question. (C) 2022 Elsevier B.V. All rights reserved.