Socially oriented shareholder activism targets: Explaining activists’ corporate target selection using corporate opportunity structures

• Main Authors: Acharya, Abhijith G., GRAS, David, KRAUSE, Ryan
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2022
• Subjects: Corporate opportunity structure; Corporate social performance; Shareholder activism; Stakeholder theory; Business Law, Public Responsibility, and Ethics; Organizational Behavior and Theory; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/6703; https://ink.library.smu.edu.sg/context/lkcsb_research/article/7702/viewcontent/Acharya2021_Article_SociallyOrientedShareholderAct.pdf
• Institution: Singapore Management University

We examine whether and when socially oriented shareholder activists use firms’ corporate social performance (CSP) to identify them as attractive targets for their activism. We build on the research in social movements theory and stakeholder theory to theorize how firms’ engagement with primary and s...