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Shareholders’ Activism and Firm Performance: A Review of Literature

Author

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  • Sudam Shrikrushna Shingade

    (Ph.D. Scholar, Symbiosis International (Deemed University), India.)

  • Shailesh Rastogi

    (Professor, Symbiosis Institute of Business Management, Pune, Symbiosis International (Deemed University), India.)

Abstract

Shareholders’ Activism is nascent and evolving concept in India. This papers aims to review academic literature available in India. Our observation is that there is plenty of literature available on Corporate Governance area of which Shareholders’ Activism is subset. Most of the literature available in India focuses largely on Directorship and Executive compensation. We also would like to mentioned that corporate governance framework in context of protection of minority shareholders is evolving in India, this will be followed by academic as well as industry based research in coming years. As of now we find no literature focusing on Shareholders’ Activism and its impact on firms operating or financial performance.

Suggested Citation

  • Sudam Shrikrushna Shingade & Shailesh Rastogi, 2019. "Shareholders’ Activism and Firm Performance: A Review of Literature," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 10(2), pages 22-30, May.
  • Handle: RePEc:aii:ijcmss:v:10:y:2019:i:2:p:22-30
    DOI: 10.18843/ijcms/v10i2/04
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    References listed on IDEAS

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    1. Jagjeevan Kanoujiya & Venkata Mrudula Bhimavarapu & Shailesh Rastogi, 2023. "Banks in India: A Balancing Act Between Profitability, Regulation and NPA," Vision, , vol. 27(5), pages 650-660, November.
    2. Shailesh Rastogi & Kuldeep Singh & Jagjeevan Kanoujiya, 2024. "Impact of Shareholders’ Activism on the Performance of Banks in India: A Panel Data Application," Business Perspectives and Research, , vol. 12(1), pages 83-99, January.
    3. Simon Rafaqat & Sana Rafaqat & Sahil Rafaqat & Saoul Rafaqat & Dawood Rafaqat, 2023. "Shareholder Activism and Firm Performance: A Review," Journal of Economics and Behavioral Studies, AMH International, vol. 14(4), pages 31-41.

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