[HTML][HTML] Shareholder activism on climate change: Evolution, determinants, and consequences

I Diaz-Rainey, PA Griffin, DH Lont… - Journal of business …, 2024 - Springer
We study 944 shareholder proposals submitted to 343 US firms on climate change issues
during 2009–2022. We use logistic and two-stage regression to estimate the propensity for a …

Shareholder investment horizons and bank debt financing

BN Cline, X Fu, T Tang - Journal of Banking & Finance, 2020 - Elsevier
This paper investigates the impact of institutional shareholder investment horizons on a
firm's use of bank debt. We find that short-term institutional ownership of the borrowing firm …

Are retail investors really passive? Shareholder activism in the digital age

B Hafeez, MH Kabir… - Journal of Business …, 2022 - Wiley Online Library
Academics traditionally view retail investors as rationally passive toward corporate proxy
fights due to the higher cost of individual information gathering and their inability to …

Shareholder activism, earnings management and market performance consequences: French case

SS Bouaziz, IBA Fakhfakh, A Jarboui - International Journal of Law …, 2020 - emerald.com
Purpose The purpose of this study is to investigate the impact of the relationship between
shareholder activism and earnings management on the market performance of French …

The moderating effect of audit quality on the relation between shareholder activism and earnings management: Evidence from France.

SB Siala, A Jarboui - Contemporary economics, 2019 - ceeol.com
The present paper aims to provide empirical evidence regarding the impact of shareholder
activism on earnings management. Specifically, it is focused on investigating the moderating …

[HTML][HTML] The Impact of Information Flow by Co-Shareholder Relationships on the Stock Returns: A Network Feature Perspective

P An, S Guo - Entropy, 2022 - mdpi.com
One shareholder may invest in different listed energy companies, so the information held by
common shareholders can be transmitted among companies. Based on the two-mode …

Distracted institutional shareholders and debt maturity

A Cheung, J Khoo, R Wang - Journal of Financial Research, 2024 - Wiley Online Library
We examine whether institutional shareholders' distraction affects corporate debt maturity
decisions. We find that firms with distracted shareholders are associated with lengthened …

Are all activists created equal? The effect of interventions by hedge funds and other private activists on long-term shareholder value

EP Swanson, GM Young, CG Yust - Journal of Corporate Finance, 2022 - Elsevier
The allegation that activist investors demand changes that increase short-term stock prices
at the expense of long-term shareholder value (“short-termism”) has led to extensive …

Does the research meeting affect the shareholding ratio of institutional investors in listed companies? Empirical evidence from China

J Zhang, Y Ye - China Finance Review International, 2023 - emerald.com
Purpose This paper discusses whether institutional investors change the shareholding ratio
of listed companies through research meeting, and whether this active investment mode can …

Weathering the weather: Does extreme weather affect the cost of an audit?

PA Griffin, ZM Guo, E Sun - … : Does Extreme Weather Affect the Cost …, 2023 - papers.ssrn.com
We examine the impact of extreme weather on the cost of an audit. We measure the impact
as the number of extreme weather days, namely, how many days per year a firm …