In the U.S., shareholder voting and activism is increasingly used to influence firm policy. New research by SMU Cox Finance Chair Darius Miller and co-authors suggests that shareholder voting can be an effective governance mechanism in countries outside the U.S. "This is important," says Miller, "since in many countries outside the U.S., the need for governance is greatest." The authors set out to test shareholder activism in global markets in a first-of-its-kind, large-scale study. Prior to this paper, there was not any evidence on whether shareholder voting in other countries was effective or not.
Hundreds of millions of users around the globe gravitate toward the offerings of Twitter, Facebook, and LinkedIn. By spending countless hours on these social media sites, what are we accomplishing? In new research, SMU Cox Information Technology and Operations Management (ITOM) Professor Ulrike Schultze and co-author offer clarity in interpreting how and why people are using social media.
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