LEADER 04490nam 22008411c 450 001 9910460094403321 005 20211005080809.0 010 $a1-84731-745-6 010 $a1-4725-6079-5 010 $a1-84946-856-7 010 $a1-283-05955-X 010 $a9786613059550 010 $a1-84731-604-2 024 7 $a10.5040/9781472560797 035 $a(CKB)2670000000078027 035 $a(EBL)678589 035 $a(OCoLC)712015711 035 $a(SSID)ssj0001381424 035 $a(PQKBManifestationID)12538713 035 $a(PQKBTitleCode)TC0001381424 035 $a(PQKBWorkID)11437242 035 $a(PQKB)10382701 035 $a(SSID)ssj0000484466 035 $a(PQKBManifestationID)12213084 035 $a(PQKBTitleCode)TC0000484466 035 $a(PQKBWorkID)10594540 035 $a(PQKB)10594264 035 $a(MiAaPQ)EBC1772774 035 $a(MiAaPQ)EBC6159560 035 $a(MiAaPQ)EBC678589 035 $a(OCoLC)721907548 035 $a(UtOrBLW)bpp09256122 035 $a(MiAaPQ)EBC944887 035 $a(MiAaPQ)EBC4948808 035 $a(Au-PeEL)EBL678589 035 $a(EXLCZ)992670000000078027 100 $a20140929d2010 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe foundations and anatomy of shareholder activism $fIris H-Y Chiu 205 $aFourth edition. 210 1$aOxford $aPortland, Oregon $cHart Publishing $d2010. 215 $a1 online resource (204 p.) 225 1 $aContemporary studies in corporate law 300 $aRev. ed. of: International commercial disputes in English courts. 3rd ed. 2005. 311 $a1-84113-851-7 311 $a1-84113-658-1 320 $aIncludes bibliographical references (pages [181]-195) and index 327 $a1. 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. Conclusion 330 8 $aThe Foundations and Anatomy of Shareholder Activism examines the landscape of contemporary shareholder activism in the UK. The book focuses on minority shareholder activism in publicly listed companies. It argues that contemporary shareholder activism in the UK is dominated by two groups; one, the institutional shareholders whose shareholder activism is largely seen as a driving force for good corporate governance, and two, the hedge funds whose shareholder activism is based on value extraction and exit. The book provides a detailed examination of both types of shareholder activism, and discusses critically the nature of, motivations for and consequences following both types of shareholder activism. The book then locates both types of shareholder activism in the theory of the company and the fabric of company law, and argues that institutional shareholder activism based on exercising a voice at general meetings is well supported in theory and law. The call for institutions to engage in more informal forms of activism in the name of 'stewardship' may bring about challenges to the current patterns of activism that institutions engage in. The book argues, however, that a more cautious view of hedge fund activism and the pattern of value extraction and exit should be taken. More empirical evidence is likely to be necessary, however, to weigh up the long terms benefits and costs of hedge fund activism 410 0$aContemporary studies in corporate law. 606 $aCorporate governance$xLaw and legislation$zGreat Britain 606 $2Company law 606 $aCorporations$xInvestor relations$zGreat Britain 606 $aStockholders$xLegal status, laws, etc$zGreat Britain 606 $aInstitutional investors$xLegal status, laws, etc$zGreat Britain 608 $aElectronic books. 615 0$aCorporate governance$xLaw and legislation 615 0$aCorporations$xInvestor relations 615 0$aStockholders$xLegal status, laws, etc. 615 0$aInstitutional investors$xLegal status, laws, etc. 676 $a346.41066 700 $aChiu$b Iris H.-Y$0748489 801 0$bUtOrBLW 801 1$bUtOrBLW 801 2$bUkLoBP 906 $aBOOK 912 $a9910460094403321 996 $aThe foundations and anatomy of shareholder activism$92448199 997 $aUNINA