Voting Power and Shareholder Activism

Therese Strand; Thomas Poulsen; Steen Thomsen

doi:10.5465/AMBPP.2010.54500670

Voting Power and Shareholder Activism

Therese Strand, Thomas Poulsen, Steen Thomsen

Research output: Chapter in Book/Report/Conference proceeding › Article in proceedings › Research › peer-review

Abstract

The article discusses the development of a voting power theory that is applied to a unique data set on Swedish shareholder meetings. The authors hypothesize that there is a positive relationship between shareholder activism and the largest shareholder's sensitivity to greater participation by small shareholders. It is shown that firms' amenability to small shareholder influence results in more proposals by nomination committees that are dominated by large shareholders, but fewer proposals by other shareholders. The importance of local institutions are highlighted and a call for more research regarding shareholder activism in alternative institutional settings is mad

Original language	English
Title of host publication	Proceedings of the Seventieth Annual Meeting of the Academy of Management : Dare to Care: Passion and Compassion in Management Practice and Research
Number of pages	6
Place of Publication	Briar Cliff Manor, NY
Publisher	Academy of Management
Publication date	2010
Article number	54500670
DOIs	https://doi.org/10.5465/AMBPP.2010.54500670
Publication status	Published - 2010
Event	The Academy of Management Annual Meeting 2010: Dare to Care: Passion and Compassion in Management Practice and Research - Montreal, Canada Duration: 6 Aug 2010 → 10 Aug 2010 Conference number: 70 http://annualmeeting.aomonline.org/2010/

Conference

Conference	The Academy of Management Annual Meeting 2010
Number	70
Country/Territory	Canada
City	Montreal
Period	06/08/2010 → 10/08/2010
Internet address	http://annualmeeting.aomonline.org/2010/

Series	Academy of Management Proceedings
ISSN	2151-6561

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title = "Voting Power and Shareholder Activism",

abstract = "The article discusses the development of a voting power theory that is applied to a unique data set on Swedish shareholder meetings. The authors hypothesize that there is a positive relationship between shareholder activism and the largest shareholder's sensitivity to greater participation by small shareholders. It is shown that firms' amenability to small shareholder influence results in more proposals by nomination committees that are dominated by large shareholders, but fewer proposals by other shareholders. The importance of local institutions are highlighted and a call for more research regarding shareholder activism in alternative institutional settings is mad",

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note = "The Academy of Management Annual Meeting 2010 ; Conference date: 06-08-2010 Through 10-08-2010",

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Strand, T , Poulsen, T & Thomsen, S 2010, Voting Power and Shareholder Activism. in Proceedings of the Seventieth Annual Meeting of the Academy of Management: Dare to Care: Passion and Compassion in Management Practice and Research., 54500670, Academy of Management, Briar Cliff Manor, NY, Academy of Management Proceedings, The Academy of Management Annual Meeting 2010, Montreal, Canada, 06/08/2010. https://doi.org/10.5465/AMBPP.2010.54500670

Voting Power and Shareholder Activism. / Strand, Therese ; Poulsen, Thomas ; Thomsen, Steen.
Proceedings of the Seventieth Annual Meeting of the Academy of Management: Dare to Care: Passion and Compassion in Management Practice and Research. Briar Cliff Manor, NY: Academy of Management, 2010. 54500670 (Academy of Management Proceedings).

Research output: Chapter in Book/Report/Conference proceeding › Article in proceedings › Research › peer-review

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