Shareholders and stakeholders: how do directors decide?

"This study investigates how directors make decisions that involve shareholders and other stakeholders. Using vignettes derived from seminal court cases, we construct an index of directors’ shareholderism as a general orientation on this issue. In a survey of the entire population of directors...

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Bibliographic Details
Main Authors: Adams, Renée, Licht, Amir N., Sagiv, Lilach
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Brussels 2010
ECGI
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19182670124919008529-Shareholders-and-stakeholders-.htm
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author Adams, Renée
Licht, Amir N.
Sagiv, Lilach
author_facet Adams, Renée
Licht, Amir N.
Sagiv, Lilach
collection Library items
description "This study investigates how directors make decisions that involve shareholders and other stakeholders. Using vignettes derived from seminal court cases, we construct an index of directors’ shareholderism as a general orientation on this issue. In a survey of the entire population of directors and CEOs in public corporations in one country, we find that directors’ personal values and roles play an important part in their decisions. Directors and CEOs are more pro-shareholder the more they endorse entrepreneurial values - specifically, higher achievement, power, and self-direction values and lower universalism values. While employee representative directors exhibit a lower baseline level of shareholder orientation, they nonetheless often side with shareholders. "
format TEXT
id 19182670124919008529_e8220d2035cf44d09f0f055bd1965383
institution ETUI-European Trade Union Institute
is_hierarchy_id 19182670124919008529_e8220d2035cf44d09f0f055bd1965383
is_hierarchy_title Shareholders and stakeholders: how do directors decide?
language English
physical 45 p.
Digital
publishDate 2010
publisher Brussels
ECGI
spellingShingle Adams, Renée
Licht, Amir N.
Sagiv, Lilach
shareholder
corporate governance
board level employee representation
Shareholders and stakeholders: how do directors decide?
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=115113593339
title Shareholders and stakeholders: how do directors decide?
topic shareholder
corporate governance
board level employee representation
url https://www.labourline.org/KENTIKA-19182670124919008529-Shareholders-and-stakeholders-.htm