Effective Shareholder Engagement: The Factors that Contribute to Shareholder Salience

Institutional investors are increasingly becoming active owners through voting their shares and engaging in dialogue with investee companies to improve corporate environmental, social and corporate governance (ESG) performance. This article applies a model of stakeholder salience to the shareholder...

Descripción completa

Guardado en:  
Detalles Bibliográficos
Autor principal: Gifford, E. James M. (Autor)
Tipo de documento: Electrónico Artículo
Lenguaje:Inglés
Verificar disponibilidad: HBZ Gateway
Journals Online & Print:
Gargar...
Fernleihe:Fernleihe für die Fachinformationsdienste
Publicado: Springer Science + Business Media B. V 2010
En: Journal of business ethics
Año: 2010, Volumen: 92, Número: 1, Páginas: 79-97
Otras palabras clave:B stakeholder salience
B shareholder activism
B shareholder engagement
Acceso en línea: Volltext (lizenzpflichtig)
Descripción
Sumario:Institutional investors are increasingly becoming active owners through voting their shares and engaging in dialogue with investee companies to improve corporate environmental, social and corporate governance (ESG) performance. This article applies a model of stakeholder salience to the shareholder context, analysing the attributes of power, legitimacy and urgency, to determine the factors that are likely to enhance shareholder salience. It is found that a strong business case and the values of the managers of investee companies are likely to be the most important contributors to shareholder salience.
ISSN:1573-0697
Obras secundarias:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-010-0635-6