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@article{ART001294833},
author={Lee, Sang Min},
title={A Study of Shareholder Activism in the US: Focused on the Four Mechanism},
journal={Civil Society and NGO},
issn={1599-8568},
year={2008},
volume={6},
number={2},
pages={215-253}

TY - JOUR
AU - Lee, Sang Min
TI - A Study of Shareholder Activism in the US: Focused on the Four Mechanism
JO - Civil Society and NGO
PY - 2008
VL - 6
IS - 2
PB - The Third Sector Institute
SP - 215
EP - 253
SN - 1599-8568
AB - Today shareholder activism is regarded as an important tool in embedding the way in which the corporations work for society. In this study, I seek to explain the growing influence of shareholder activism in the US. This study utilized corporate social responsibility(CSR) on shareholder activism to explain relationships between small shareholders and the corporations. In particular, this study attempts to present the major characteristics in shareholder activism in the US. This research interest is centered around the four mechanism in which shareholder activism is proceeded i) communication/withdrawal, ii) shareholder resolution/voting, iii) law suits, and iv) M&A. This study found that there have been major characteristics in the US: first, the American shareholder activism has been no longer based on the social movement led by NGOs, but on the corporate social investment led by the institutional investors; second, the American institutional investors are interested in corporate social responsibility but they also pursue financial success; third, in the US, the crucial ways of the movement are direct communications for settlements or withdraw of shareholder proposals.
KW - corporate social responsibility;shareholder activism;institutional investors.
DO -
UR -
ER -

Lee, Sang Min. (2008). A Study of Shareholder Activism in the US: Focused on the Four Mechanism. Civil Society and NGO, 6(2), 215-253.

Lee, Sang Min. 2008, "A Study of Shareholder Activism in the US: Focused on the Four Mechanism", Civil Society and NGO, vol.6, no.2 pp.215-253.

Lee, Sang Min "A Study of Shareholder Activism in the US: Focused on the Four Mechanism" Civil Society and NGO 6.2 pp.215-253 (2008) : 215.

Lee, Sang Min. A Study of Shareholder Activism in the US: Focused on the Four Mechanism. 2008; 6(2), 215-253.

Lee, Sang Min. "A Study of Shareholder Activism in the US: Focused on the Four Mechanism" Civil Society and NGO 6, no.2 (2008) : 215-253.

Lee, Sang Min. A Study of Shareholder Activism in the US: Focused on the Four Mechanism. Civil Society and NGO, 6(2), 215-253.

Lee, Sang Min. A Study of Shareholder Activism in the US: Focused on the Four Mechanism. Civil Society and NGO. 2008; 6(2) 215-253.

Lee, Sang Min. A Study of Shareholder Activism in the US: Focused on the Four Mechanism. 2008; 6(2), 215-253.

Lee, Sang Min. "A Study of Shareholder Activism in the US: Focused on the Four Mechanism" Civil Society and NGO 6, no.2 (2008) : 215-253.