Institutional ownership and board governance. A structured literature review on the heterogeneous monitoring role of institutional investors
P Velte - Corporate Governance: THe International Journal of …, 2024 - emerald.com
Purpose This paper aims to review empirical research on the relationship between
institutional ownership (IO) and board governance (85 studies). Design/methodology …
institutional ownership (IO) and board governance (85 studies). Design/methodology …
Determinants and consequences of executive compensation-related shareholder activism and say-on-pay votes: A literature review and research agenda
J Obermann, P Velte - Journal of Accounting Literature, 2018 - emerald.com
This systematic literature review analyses the determinants and consequences of executive
compensation-related shareholder activism and say-on-pay (SOP) votes. The review covers …
compensation-related shareholder activism and say-on-pay (SOP) votes. The review covers …
Electing directors
J Cai, JL Garner, RA Walkling - The Journal of Finance, 2009 - Wiley Online Library
Using a large sample of director elections, we document that shareholder votes are
significantly related to firm performance, governance, director performance, and voting …
significantly related to firm performance, governance, director performance, and voting …
Vote trading and information aggregation
SEK Christoffersen, CC Geczy, DK Musto… - The Journal of …, 2007 - Wiley Online Library
The standard analysis of corporate governance assumes that shareholders vote in ratios
that firms choose, such as one share‐one vote. However, if the cost of unbundling and …
that firms choose, such as one share‐one vote. However, if the cost of unbundling and …
CEO inside debt incentives and corporate tax sheltering
S Chi, SX Huang, JM Sanchez - Journal of Accounting …, 2017 - Wiley Online Library
This paper examines the relation between CEO inside debt holdings (pension benefits and
deferred compensation) and corporate tax sheltering. Because inside debt holdings are …
deferred compensation) and corporate tax sheltering. Because inside debt holdings are …
Vote avoidance and shareholder voting in mergers and acquisitions
We examine whether, how, and why acquirer shareholder voting matters. We show that
acquirers with low institutional ownership, high deal risk, and high agency costs are more …
acquirers with low institutional ownership, high deal risk, and high agency costs are more …
Say on pay and executive compensation: A systematic review and suggestions for developing the field
G Lozano-Reina, G Sánchez-Marín - Human Resource Management …, 2020 - Elsevier
Say on pay (SOP) is a form of shareholder activism where shareholders express their
opinions on executive compensation by casting a vote in the annual general meeting. To …
opinions on executive compensation by casting a vote in the annual general meeting. To …
Understanding uncontested director elections
We examine the determinants and consequences of voting outcomes in uncontested
director elections. Exploiting a unique hand-collected data set of the rationale behind proxy …
director elections. Exploiting a unique hand-collected data set of the rationale behind proxy …
Wolves at the door: A closer look at hedge fund activism
YTF Wong - Management Science, 2020 - pubsonline.informs.org
Most investor coordination remains undisclosed. I provide empirical evidence on the extent
and consequences of investor coordination in the context of hedge fund activism, in which …
and consequences of investor coordination in the context of hedge fund activism, in which …
Are CSR activities associated with shareholder voting in director elections and say-on-pay votes?
When making investment decisions, many investors now regularly consider a company's
CSR activities along with traditional financial performance measures (Elliott et al., 2014). Our …
CSR activities along with traditional financial performance measures (Elliott et al., 2014). Our …