*** Apologies for cross-postings ***
Dear Colleagues,
We hope that you can join us for a symposium addressing the implications and paradoxes of shareholder empowerment.
Program Session #: 1574 | Submission: 10065 | Sponsor(s): (BPS, SIM, OMT) Scheduled: Tuesday, Aug 11 2015 8:00AM - 9:30AM at Vancouver Convention Centre in Room 211
Opening Governance: The Question of Shareholder Empowerment
SHOWCASE SYMPOSIUM
Panelist: Edward Zajac; Northwestern U.; Panelist: Robert E. Hoskisson; Rice U.; Panelist: Mike Wright; Imperial College London;
Organizer: Maria Goranova; U. of Wisconsin, Milwaukee; Organizer: Lori Verstegen Ryan; San Diego State U.;
Shareholder empowerment has become an increasingly thorny issue. On one hand, empowering shareholders is expected to rein in self-serving managers, improve corporate accountability, and constrain corporate wrongdoing. On the other hand, critics argue that shareholder empowerment may compound the problem of managerial self-serving with shareholder self-serving, contribute to corporate myopia, or facilitate the transfer of value from some shareholders to others. With this symposium, we seek to address the disparate views of shareholder empowerment as a solution to the crisis of public confidence in corporations versus as a contributing factor to the decline of publicly traded firms. The panel discussion will address: (1) the implications of shareholder empowerment for corporate governance; (2) the role of "conflicting voices" and heterogeneous shareholder interests; (3) shareholder empowerment as it relates to the practice of management and organizational life-cycle; and (4) future research directions.
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