Abstract
Shareholders are organizing and mobilizing on new social media platforms like Twitter. This changes the dynamics of shareholder proxy contests in ways that favor shareholders over management. Disruptive technology may bring about a shareholder revolution, which may not be in shareholders’ best interests, at least from the perspective of shareholder wealth maximization, and it also has powerful implications for the future of corporate social responsibility.
Department
Law
Publication Date
9-3-2015
Journal Title
Fordham Journal of Corporate and Financial Law
Document Type
Article
Recommended Citation
Seth C. Oranburg, A Little Birdie Said: How Twitter is Disrupting Shareholder Activism, 20 Fordham J. Corp. & Fin. L. 695 (2015).
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