of stakeholders' interests keeping the primacy of shareholders' interests. This article studies CSR in the Lebanese … banking sector through Suchman's (1995) legitimacy approach to the shareholders' and stakeholders' debate. Using a qualitative … debate: “creating value for stakeholders creates value for shareholders”; and reveals how normative considerations are likely …

and acquisitions (M&As). Using a unique, hand-collected dataset on 1,130 M&As announced by U.S. banks between 2003 and …

. If company management is not maximising shareholder value, then the shareholders should be entitled to act. Government …

shareholders focused on environmental, social and governance (‘ESG’) issues. The research is placed in the context of the legal … conducted with representatives of the proponents of ESG resolutions, institutional shareholders, company directors, governance …

directors to focus exclusively on shareholders’ interests; emphasise shareholders’ long-term financial interests; and would not …

shifting the balance of power between shareholders and debtholders and exacerbating shareholder-debtholder conflicts; and hurt … on shareholders (both in the short-run and long-run), other stakeholders, and industry rivals of target firms. The …

shareholders who reveal a corresponding preference for social or environmental performance, as proxied by their quantifiable …