...Wendy D. Chen; Christopher Marquis Purpose This article examines the relationship between stakeholders and shareholders and identifies the key lessons from the B Corp movement that serve as practical tools for businesses – not just B Corps – to be more stakeholder focused. Design/methodology...

...Fei Peng; Lili Kang; Jun Jiang Purpose This paper aims to investigate the role that institutional shareholders play in acquisition decisions using micro data in the Chinese stock market during 2003‐2008. Design/methodology/approach Acquisition decision is the selection and coordination process...

.../approach The study applies correlation analysis, difference tests, and regression model to a sample comprised of 369 large firms listed on FTSE Global 500 covering 11 industries, located in 31 countries. This paper examines three country‐level variables, financial development index, shareholder rights...

... are provided for subsequent empirical testing. The paper holds environmental complexity and munificence constant, but discusses the implication of that in the conclusions. Practical implications The research has implications for shareholders and bondholders. It also has implications for Boards of Directors...

.... Senior management simply reduces its costs at the expense of others: i.e. lay off employees (Okuda, 1999), squeeze suppliers' profit margins (Emiliani, 2003a ; Emiliani and Stec, 2002), and close plants or offices. They will also try to maximize shareholder value in the short‐term using other means...

...Denis B. Kilroy Suggests that in many companies that have adopted value‐based management, there is a need to shift the focus of management attention from the measurement of value, to the creation of wealth. Argues that shareholder wealth creation is a creative endeavour on the part...

...Denis B. Kilroy; Michael T. McKinley The last 15 years or so have seen the emergence of a powerful management philosophy known as value‐based management (VBM). The premiss underlying this philosophy is that management’s primary responsibility is to maximize value for shareholders. Much of the work...