Shareholder Empowerment: An Introduction

In M. Goranova & L.V. Ryan (Eds.) Shareholder Empowerment: A New Era in Corporate Governance, Palgrave Macmillan

42 Pages Posted: 28 Oct 2015

See all articles by Maria L. Goranova

Maria L. Goranova

University of Wisconsin - Milwaukee

Lori Verstegen Ryan

San Diego State University - Management

Date Written: October 15, 2015

Abstract

Recent trends in shareholder empowerment have spurred a heated debate whether empowered shareholders will ultimately cure corporate ills or adversely affect corporate fortunes. While some scholars claim that further strides in empowering shareholders will improve managerial accountability and firm performance, critics warn that shareholder empowerment will merely amplify corporate myopia and shift the problem of managerial self-serving to shareholders' self-serving. In this volume we address this paradox by bringing together both proponents and skeptics of the shareholder empowerment movement, and focusing on management scholars’ insights on the implications of shareholder empowerment for contemporary corporations and their practices.

Keywords: Shareholder Empowerment, Corporate Governance, Shareholder Activism

JEL Classification: G3, G30, G32, G38, G39, G23, G29

Suggested Citation

Goranova, Maria L. and Verstegen Ryan, Lori, Shareholder Empowerment: An Introduction (October 15, 2015). In M. Goranova & L.V. Ryan (Eds.) Shareholder Empowerment: A New Era in Corporate Governance, Palgrave Macmillan, Available at SSRN: https://ssrn.com/abstract=2678927

Maria L. Goranova (Contact Author)

University of Wisconsin - Milwaukee ( email )

P.O. Box 742
3202 N. Maryland Ave.
Milwaukee, WI 53201-0742
United States

Lori Verstegen Ryan

San Diego State University - Management ( email )

5500 Campanile Drive
San Diego, CA 92182-8230
United States

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