Beyond the Proxy Vote: Dialogues Between Shareholder Activists and Corporations

The popular view of shareholder activism focuses on shareholder resolutions and the shareholder vote via proxy statements at the annual meeting, which is treated as a “David vs. Goliath” showdown between the small group of socially responsible investors and the powerful corporation. This article goe...

Full description

Saved in:  
Bibliographic Details
Authors: Logsdon, Jeanne M. (Author) ; Van Buren, Harry J. (Author)
Format: Electronic Article
Language:English
Check availability: HBZ Gateway
Journals Online & Print:
Drawer...
Fernleihe:Fernleihe für die Fachinformationsdienste
Published: Springer Science + Business Media B. V 2009
In: Journal of business ethics
Year: 2009, Volume: 87, Issue: 1, Pages: 353-365
Further subjects:B Socially Responsible Investing
B shareholder resolutions
B Ethical Investing
B Dialogue
B corporate social responsiveness
B shareholder activism
B Interfaith Center on Corporate Responsibility
B Stakeholder engagement
Online Access: Volltext (lizenzpflichtig)

MARC

LEADER 00000caa a22000002 4500
001 1785634720
003 DE-627
005 20230331052953.0
007 cr uuu---uuuuu
008 220112s2009 xx |||||o 00| ||eng c
024 7 |a 10.1007/s10551-008-9807-z  |2 doi 
035 |a (DE-627)1785634720 
035 |a (DE-599)KXP1785634720 
035 |a (DE-He213)s10551-008-9807-z-e 
040 |a DE-627  |b ger  |c DE-627  |e rda 
041 |a eng 
084 |a 1  |2 ssgn 
100 1 |a Logsdon, Jeanne M.  |e VerfasserIn  |4 aut 
245 1 0 |a Beyond the Proxy Vote: Dialogues Between Shareholder Activists and Corporations 
264 1 |c 2009 
336 |a Text  |b txt  |2 rdacontent 
337 |a Computermedien  |b c  |2 rdamedia 
338 |a Online-Ressource  |b cr  |2 rdacarrier 
520 |a The popular view of shareholder activism focuses on shareholder resolutions and the shareholder vote via proxy statements at the annual meeting, which is treated as a “David vs. Goliath” showdown between the small group of socially responsible investors and the powerful corporation. This article goes beyond the popular view to examine where the real action typically occurs – in the Dialogue process where corporations and shareholder activist groups mutually agree to ongoing communications to deal with a serious social issue. Use of the capitalized word “Dialogue” is intended to distinguish this formal process between corporations and shareholders from all the other forms of dialogue or two-way communication exchanged between a corporation and its stakeholders. The phenomenon of Dialogue between a corporation and dissident shareholders has not been analyzed in the academic literature or in the popular press because it occurs behind the scenes and out of sight from media scrutiny. Yet this is where a great deal of social change initiated by shareholder activists is negotiated. This article contributes both theoretically and empirically to the study of Dialogues between shareholder activists and corporations. We explain how Dialogues occur in the context of the shareholder resolution process and examine two Dialogues that focus on international labor issues in two industries. Then data on Dialogues during the period, 1999–2005, from the Interfaith Center on Corporate Responsibility are analyzed. This research contributes to knowledge about the Dialogue process and the emerging literature on corporation–stakeholder engagement. 
650 4 |a Interfaith Center on Corporate Responsibility 
650 4 |a Stakeholder engagement 
650 4 |a Socially Responsible Investing 
650 4 |a shareholder resolutions 
650 4 |a shareholder activism 
650 4 |a Ethical Investing 
650 4 |a Dialogue 
650 4 |a corporate social responsiveness 
700 1 |a Van Buren, Harry J.  |e VerfasserIn  |4 aut 
773 0 8 |i Enthalten in  |t Journal of business ethics  |d Dordrecht [u.a.] : Springer Science + Business Media B.V, 1982  |g 87(2009), 1, Seite 353-365  |h Online-Ressource  |w (DE-627)270937129  |w (DE-600)1478688-6  |w (DE-576)121465284  |x 1573-0697  |7 nnns 
773 1 8 |g volume:87  |g year:2009  |g number:1  |g pages:353-365 
856 4 0 |u https://doi.org/10.1007/s10551-008-9807-z  |x Resolving-System  |z lizenzpflichtig  |3 Volltext 
935 |a mteo 
936 u w |d 87  |j 2009  |e 1  |h 353-365 
951 |a AR 
ELC |a 1 
ITA |a 1  |t 1 
LOK |0 000 xxxxxcx a22 zn 4500 
LOK |0 001 4033693602 
LOK |0 003 DE-627 
LOK |0 004 1785634720 
LOK |0 005 20220112043704 
LOK |0 008 220112||||||||||||||||ger||||||| 
LOK |0 035   |a (DE-Tue135)IxTheo#2021-12-30#C7BFB3C7C340582B3CAC5152B4CC6020D23209FE 
LOK |0 040   |a DE-Tue135  |c DE-627  |d DE-Tue135 
LOK |0 092   |o n 
LOK |0 852   |a DE-Tue135 
LOK |0 852 1  |9 00 
LOK |0 935   |a ixzs  |a ixrk  |a zota 
ORI |a SA-MARC-ixtheoa001.raw 
SYE 0 0 |a ICCR