Consequences to directors of shareholder activism

Using a comprehensive sample for 2004–2012, we examine the impact of shareholder activist campaigns on the careers of directors of targeted firms. We find that activism is associated with directors being almost twice as likely to leave—and performance-sensitivity of turnover being higher over the su...

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Bibliographic Details
Main Authors: SHIN, Sa-Pyung Sean, SRINIVASAN, Suraj
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2016
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Online Access:https://ink.library.smu.edu.sg/soa_research/1590
https://ink.library.smu.edu.sg/context/soa_research/article/2617/viewcontent/14_071_c6c751e0_cf63_4c54_babb_e06fdefef4ac.pdf
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Institution: Singapore Management University
Language: English

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