Shareholders represent one key source of influence on firm strategy and can ultimately affect the performance and survival of firms. Despite growing research interest on topics such as shareholder activism, institutional investors, and family owners, we do not yet have a cohesive or coherent view on how shareholders impact firm outcomes. Moreover, we find that that there is very little research at the intersection of these three sub-fields in the current corporate governance literature. This PDW aims to highlight common themes, established theoretical perspectives, and overarching ideas about shareholder influence to help propel this critical research stream forward with more scholarly cohesion and attention.
The PDW-designed to be interactive, informative, and developmental-will be divided into two parts. Part 1 consists of a moderated panel discussion of ten experts, who will present their views on the current state of, and promising future directions for, research on shareholder influence on governance. The panelists will also discuss how to overcome possible challenges at the intersection of theories, data, and methodologies in this stream of research. All AOM attendees are welcome to attend Part 1 without prior registration.
In Part 2, the authors of accepted submissions (topics related to shareholder activism, institutional investors, and family ownership) will receive feedback from some of our expert panelists and will have a chance to ask the panelists questions, as well as discuss their ideas with other participants for further feedback. The participants will be chosen based on the quality of their proposal. A maximum of 12 submissions (four per each topic area) will be accepted. At least one author from each proposal will be required to attend Part 2 of the PDW. To be considered, proposals must be sent to (firstname.lastname@example.org) by Friday July 8th, 2022. Authors will be notified on whether their proposal is accepted by July 22, 2022.
Proposals should not exceed 7 pages (single-spaced). Please use 10-point font or larger. Please submit proposals in PDF format. Only one (1) proposal, either as an author or a co-author, may be submitted.
John R. Busenbark, University of Notre Dame (Moderator)Raphael Amit, University of PennsylvaniaMario Daniele Amore, Bocconi UniversityParthiban David, American UniversityCaroline Flammer, Columbia UniversityMichael A. Hitt, Texas A&M UniversityBrayden King, Northwestern UniversityRyan Krause, Texas Christian UniversityChristine Shropshire, Arizona State UniversityEdward J. Zajac, Northwestern UniversityAnthea Zhang, Rice University
Latifa Albader, Arizona State UniversityAlina Andrei, Erasmus University RotterdamFelipe Calvano, Virginia TechEric Y. Lee, Pennsylvania State UniversityKrishnan Nair, Northwestern University