with respect to corporate operations, and shareholder proposals on CSR are also one of the main types of proposals at firms … types of shareholder proposals, the approval rate of CSR proposals is significantly lower than that of other types of … approval. Motivated by this stylized fact, this study investigates the value of the submission of CSR shareholder proposals …

with respect to corporate operations, and shareholder proposals on CSR are also one of the main types of proposals at firms … types of shareholder proposals, the approval rate of CSR proposals is significantly lower than that of other types of … approval. Motivated by this stylized fact, this study investigates the value of the submission of CSR shareholder proposals …

induced by managerial resistance and show that focusing only on voted proposals overstates the shareholder proposals …

We intend to reveal the causes and the determinants of the omitted shareholder proposals. We find that individual … skillful as institutional investors, we summarize that shareholder proposals are excluded mainly due to sponsors’ lack of … annoy management. We also find that most shareholder proposals are omitted because they deal with a matter relating to the …

This study visits the role of shareholder proposals in the governance of public corporations by studying withdrawn … shareholder proposals. Among all shareholders, unions are the most likely to withdraw proposals. Furthermore, firms with a record … unions submit shareholder proposals strategically. Furthermore, it is more likely for unions to adopt this strategy when the …