Individual minority shareholder activism approaches and the exit-voice-loyalty neglect model

This study seeks to better understand engagement of individual minority shareholder activism in developing countries; in the context of this study, Malaysia. Our findings, from 15 interviews with the individual minority shareholders, suggested that the activism approaches adopted by these shareholde...

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Principais autores: Othman, Sarina, Ho, Jo Ann, Abdul Latiff, Ahmed Razman
Formato: Artigo
Idioma:English
Publicado em: Universiti Malaysia Sarawak 2019
Acesso em linha:http://psasir.upm.edu.my/id/eprint/80240/1/Individual%20minority%20shareholder%20activism%20approaches%20and%20the%20exit-voice-loyalty%20neglect%20model.pdf
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author Othman, Sarina
Ho, Jo Ann
Abdul Latiff, Ahmed Razman
author_facet Othman, Sarina
Ho, Jo Ann
Abdul Latiff, Ahmed Razman
author_sort Othman, Sarina
collection UPM
description This study seeks to better understand engagement of individual minority shareholder activism in developing countries; in the context of this study, Malaysia. Our findings, from 15 interviews with the individual minority shareholders, suggested that the activism approaches adopted by these shareholders are carefully made based on the significant impacts they carry. Utilising the Exit-Voice-Loyalty-Neglect Model, it was discovered that both “Exit” and “Voice” were considered as the two activism approaches mainly adopted by individual minority shareholders in this study. This study provides empirical support that future studies should recognise the individual minority shareholder activism and they may adopt different approaches for such efforts as compared to other groups of shareholders. Further, this study had utilised Exit-Voice-Loyalty-Neglect Model to categorise the identified approaches and extended our understanding of how this model could be used to explain shareholder activism. The various activism approaches identified and categorised accordingly can offer insight to the corporate boards and managers on the future activism behaviour of individual shareholder and be able to offer proper response strategies to such activism approaches.
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spelling upm.eprints-802402020-10-19T16:28:11Z http://psasir.upm.edu.my/id/eprint/80240/ Individual minority shareholder activism approaches and the exit-voice-loyalty neglect model Othman, Sarina Ho, Jo Ann Abdul Latiff, Ahmed Razman This study seeks to better understand engagement of individual minority shareholder activism in developing countries; in the context of this study, Malaysia. Our findings, from 15 interviews with the individual minority shareholders, suggested that the activism approaches adopted by these shareholders are carefully made based on the significant impacts they carry. Utilising the Exit-Voice-Loyalty-Neglect Model, it was discovered that both “Exit” and “Voice” were considered as the two activism approaches mainly adopted by individual minority shareholders in this study. This study provides empirical support that future studies should recognise the individual minority shareholder activism and they may adopt different approaches for such efforts as compared to other groups of shareholders. Further, this study had utilised Exit-Voice-Loyalty-Neglect Model to categorise the identified approaches and extended our understanding of how this model could be used to explain shareholder activism. The various activism approaches identified and categorised accordingly can offer insight to the corporate boards and managers on the future activism behaviour of individual shareholder and be able to offer proper response strategies to such activism approaches. Universiti Malaysia Sarawak 2019 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/80240/1/Individual%20minority%20shareholder%20activism%20approaches%20and%20the%20exit-voice-loyalty%20neglect%20model.pdf Othman, Sarina and Ho, Jo Ann and Abdul Latiff, Ahmed Razman (2019) Individual minority shareholder activism approaches and the exit-voice-loyalty neglect model. International Journal of Business and Society, 20 (2). pp. 823-829. ISSN 1511-6670 http://www.ijbs.unimas.my/index.php/content-abstract/current-issue/614-individual-minority-shareholder-activism-approaches-and-the-exit-voice-loyalty-neglect-model
spellingShingle Othman, Sarina
Ho, Jo Ann
Abdul Latiff, Ahmed Razman
Individual minority shareholder activism approaches and the exit-voice-loyalty neglect model
title Individual minority shareholder activism approaches and the exit-voice-loyalty neglect model
title_full Individual minority shareholder activism approaches and the exit-voice-loyalty neglect model
title_fullStr Individual minority shareholder activism approaches and the exit-voice-loyalty neglect model
title_full_unstemmed Individual minority shareholder activism approaches and the exit-voice-loyalty neglect model
title_short Individual minority shareholder activism approaches and the exit-voice-loyalty neglect model
title_sort individual minority shareholder activism approaches and the exit voice loyalty neglect model
url http://psasir.upm.edu.my/id/eprint/80240/1/Individual%20minority%20shareholder%20activism%20approaches%20and%20the%20exit-voice-loyalty%20neglect%20model.pdf
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