Quotation Filatotchev, Igor, Dotsenko, O. 2015. Shareholder activism in the UK: types of activists, forms of activism, and their impact on a target´s performance. Journal of Management and Governance 19 (1): S. 5-24.


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Abstract

Considering the recent rapid expansion of shareholder activism phenomenon in the United Kingdom (UK) and the vast amount of resources committed to it by corporations, government and investors, its effectiveness has become a crucial subject for investigation. This article analyzes organizational outcomes of shareholder activism in the UK. This research is based on a unique comprehensive database of shareholder activism events during the period of 1998–2008. We provide a detailed account of different types of activists, activism strategies and shareholder demands associated with the events of activism. Our findings show that the effectiveness of shareholder activism in terms of abnormal stock-market returns varies dramatically depending on its form, type of investor and the nature of investor proposals.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of Management and Governance
WU-Journal-Rating new STRAT-C
Language English
Title Shareholder activism in the UK: types of activists, forms of activism, and their impact on a target´s performance
Volume 19
Number 1
Year 2015
Page from 5
Page to 24
URL http://link.springer.com/article/10.1007/s10997-013-9266-5
DOI http://dx.doi.org/10.1007/s10997-013-9266-5

Associations

People
Filatotchev, Igor (Details)
External
Dotsenko, O.
Organization
Competence Center for Emerging Markets and CEE WE (Details)
Institute for International Business (Dikova) (Details)
Institute for International Business IN (Details)
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