Institutional antecedents to shareholder monitoring: The liability of localness in shareholder votes

• Main Authors: UCHIDA, Daisuke, YOSHIKAWA, Toru
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2021
• 主題: Business Law, Public Responsibility, and Ethics; Portfolio and Security Analysis; Strategic Management Policy
• 在線閱讀: https://ink.library.smu.edu.sg/lkcsb_research/6912
• 機構: Singapore Management University

This study explores how institutional forces shape the extent to which shareholders vigilantly monitor their invested firms. Using the context of the shareholder vote on director elections in Japan, especially focusing on a shift of institutional pressures, i.e., disclosure of voting records, we exa...