Titlebook: Shareholder Activism; Corporate Governance Han-Kyun Rho Book 2007 Palgrave Macmillan, a division of Macmillan Publishers Limited 2007 corpo

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Conclusionhere are three interconnected but separate levels of ‘emergence’ which a researcher will have to investigate: (1) how a potential activist group which has not previously used shareholder activism gets to grips with it; (2) what makes it continue, or even boost, its shareholder activism; and (3) how

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Explaining Activism (2): Determinants of Choicen of activism to ameliorate the problematic situation. A question, therefore, would be under what conditions activism prevails over other corrective actions (Hirschman, 1970). Based on collective action theory and expected utility theory, the second approach investigates factors which make dissident shareholders favor activism.

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Book 2007Shareholder activism in Korea, led by a civil society organization, has been commended by Western economists. How could activism led by such an organization grow and thrive to become the success story of corporate governance reform in developing countries? This book examines this phenomenon using social movement theory to explain.

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https://doi.org/10.1057/9780230625822corporate governance; Governance; organization; organizations; society

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Political OpportunityIn Chapter 4, we have distinguished two types of political opportunities: (1) the ‘formal’ institutional or legal structure; and (2) the more ‘informal’ structure of power relations. We will look at these two types of political opportunities for the PSPD shareholder activism.

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