04490nam 22008411c 450 991046009440332120211005080809.01-84731-745-61-4725-6079-51-84946-856-71-283-05955-X97866130595501-84731-604-210.5040/9781472560797(CKB)2670000000078027(EBL)678589(OCoLC)712015711(SSID)ssj0001381424(PQKBManifestationID)12538713(PQKBTitleCode)TC0001381424(PQKBWorkID)11437242(PQKB)10382701(SSID)ssj0000484466(PQKBManifestationID)12213084(PQKBTitleCode)TC0000484466(PQKBWorkID)10594540(PQKB)10594264(MiAaPQ)EBC1772774(MiAaPQ)EBC6159560(MiAaPQ)EBC678589(OCoLC)721907548(UtOrBLW)bpp09256122(MiAaPQ)EBC944887(MiAaPQ)EBC4948808(Au-PeEL)EBL678589(EXLCZ)99267000000007802720140929d2010 uy 0engur|n|---|||||txtccrThe foundations and anatomy of shareholder activism Iris H-Y ChiuFourth edition.Oxford Portland, Oregon Hart Publishing 2010.1 online resource (204 p.)Contemporary studies in corporate lawRev. ed. of: International commercial disputes in English courts. 3rd ed. 2005.1-84113-851-7 1-84113-658-1 Includes bibliographical references (pages [181]-195) and index1. Introduction to Shareholder Activism in the UK -- 2. Shareholder Activism Unveiled: Institutional Shareholder Activism in the UK -- 3. Shareholder Activism Unveiled: Offensive Shareholder Activism in the UK -- 4. Theoretical Foundations and Critical Perspectives -- 5. The Role of Law in Shareholder Activism -- 6. ConclusionThe Foundations and Anatomy of Shareholder Activism examines the landscape of contemporary shareholder activism in the UK. The book focuses on minority shareholder activism in publicly listed companies. It argues that contemporary shareholder activism in the UK is dominated by two groups; one, the institutional shareholders whose shareholder activism is largely seen as a driving force for good corporate governance, and two, the hedge funds whose shareholder activism is based on value extraction and exit. The book provides a detailed examination of both types of shareholder activism, and discusses critically the nature of, motivations for and consequences following both types of shareholder activism. The book then locates both types of shareholder activism in the theory of the company and the fabric of company law, and argues that institutional shareholder activism based on exercising a voice at general meetings is well supported in theory and law. The call for institutions to engage in more informal forms of activism in the name of 'stewardship' may bring about challenges to the current patterns of activism that institutions engage in. The book argues, however, that a more cautious view of hedge fund activism and the pattern of value extraction and exit should be taken. More empirical evidence is likely to be necessary, however, to weigh up the long terms benefits and costs of hedge fund activismContemporary studies in corporate law.Corporate governanceLaw and legislationGreat BritainCompany lawCorporationsInvestor relationsGreat BritainStockholdersLegal status, laws, etcGreat BritainInstitutional investorsLegal status, laws, etcGreat BritainElectronic books.Corporate governanceLaw and legislationCorporationsInvestor relationsStockholdersLegal status, laws, etc.Institutional investorsLegal status, laws, etc.346.41066Chiu Iris H.-Y748489UtOrBLWUtOrBLWUkLoBPBOOK9910460094403321The foundations and anatomy of shareholder activism2448199UNINA