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Discussion of ‘Importing Activists: Determinants and Consequences of Increased Crossborder Shareholder Activism
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Discussion of ‘Importing Activists: Determinants and Consequences of Increased Crossborder Shareholder Activism

Michelle Lowry
SSRN Electronic Journal
2022
url
https://doi.org/10.2139/ssrn.4202613View
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Abstract

Maffett, Nakhmurina and Skinner [2022, Importing Activists: Determinants and Consequences of Increased Cross-border shareholder activism. Journal of Accounting and Economics, forthcoming] find that regulations on shareholder engagement and board structure lead to increased shareholder activism. How generalizable is this conclusion: can we conclude more generally that shareholder empowering regulations contribute to increased shareholder engagement? I discuss three areas along which future research can increase our understanding of this bigger picture question

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