作者:Benton, Richard A.
作者单位:University of Illinois System; University of Illinois Urbana-Champaign
摘要:Shareholder activism through corporate governance proposals is a prominent avenue for investors to voice their concerns in corporate governance matters. However, shareholder proposals have an uneven effect on corporate governance. This paper contributes to research on shareholder activism by joining social movement approaches to activism with network theoretic approaches to corporate governance. The paper examines how firms' position within cohesive sections of the board interlock network, ter...