Description

Institutional shareholder participation has long been considered as vital to good corporate governance yet its potential does not seem to have been realized particularly in light of the recent banking crises. Drawing on empirical evidence this book analyses institutional shareholders' incentives to see when and why shareholder activism will occur. The book explains the factors that determine institutional shareholders' propensity for activism and applies these finding to both the UK and China in order to explain the varying levels of shareholder activism in each jurisdiction.

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