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Article
Publication date: 3 September 2021

Ulya Yasmine Prisandani

This paper aims to elaborate on the extent to which the Indonesian legal framework has provided room for shareholder activism and the extent to which shareholder activism

Abstract

Purpose

This paper aims to elaborate on the extent to which the Indonesian legal framework has provided room for shareholder activism and the extent to which shareholder activism has been implemented in Indonesia.

Design/methodology/approach

This study combines normative and empirical legal research methods. Indonesian laws and regulations are analyzed aside from the analysis of empirical data and court decisions on shareholder activism implementation.

Findings

Indonesian laws and regulations have accommodated shareholders’ activism and shareholders have started to rectify mismanagement and abuse of power that causes loss to the company through derivative lawsuits. Despite this, Indonesian shareholders are still passive, shown by the number of questions asked in the general meetings of shareholders despite the high attendance percentage. Shareholders have also formed associations to gather more influence on the company’s decision-making process.

Research limitations/implications

The empirical observation in this study was limited to LQ45 companies of the February to July 2021 period. This study can be useful to improve corporate governance and corporate communication in a company to encourage higher participation of individual/minority shareholders. This study also serves as an extension to numerous studies on shareholder protection, corporate governance and corporate law in Indonesia.

Originality/value

Study on shareholder activism in Indonesia is still rare, despite the rising urgency of company supervision and monitoring to prevent mismanagement. To fill in that gap, this research hopes to initiate discussion on shareholder activism in relation to shareholder protection, corporate governance and corporate law implementation.

Details

International Journal of Law and Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1754-243X

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Article
Publication date: 19 August 2021

Jill Hoxmeier, Juliana Carlson, Erin Casey and Claire Willey-Sthapit

The purpose of this study is to examine men’s engagement in anti-sexual violence activism, including the frequency of their participation, whether demographic correlates…

Abstract

Purpose

The purpose of this study is to examine men’s engagement in anti-sexual violence activism, including the frequency of their participation, whether demographic correlates, as well as a history of sexual harassment perpetration, relate to frequency, and the extent to which those correlates explain variation in frequency.

Design/methodology/approach

Data for this cross-sectional study were collected in 2020; participants were 474 men, 18–40 years of age, who live in the USA.

Findings

Descriptive findings show that in the past year, about two-thirds of the men engaged in at least one of the behaviors related to anti-violence activism examined here but with relatively low frequency. Hierarchical regression modeling showed that several of men’s demographic characteristics were significantly related to an increase in frequency, including sexual minoritized identity, education, mother’s education and being a father/parent, as well as past year sexual harassment perpetration in a fourth model. Overall, these variables explained approximately 22% of the variance in frequency of activism.

Research limitations/implications

The sample is not representative of the US population. There is potential for the frequency of activism and engagement to be explained by individuals’ access to opportunities for activism.

Practical implications

This paper discusses implications for practitioners who want to engage men in anti-violence activism.

Social implications

Engaging men in anti-violence activism is critical to end sexual violence.

Originality/value

This study responds to the call for investigations of bystander intervention to include pro-active helping, outside of intervention in high-risk situations for violence and to examine such beyond college students.

Details

Journal of Aggression, Conflict and Peace Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1759-6599

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Book part
Publication date: 22 December 2017

Thomas V. Maher and Jennifer Earl

Growing interest in the use of digital technologies and a Putnam-inspired debate about youth engagement has drawn researchers from outside of the study of social movements…

Abstract

Growing interest in the use of digital technologies and a Putnam-inspired debate about youth engagement has drawn researchers from outside of the study of social movements into research on the topic. This interest in youth protest participation has, in turn, developed into a substantial area of research of its own. While offering important research contributions, we argue that these areas of scholarship are often not well grounded in classic social movement theory and research, instead focusing on new media and/or the relationship between activism and other forms of youth engagement. This chapter seeks to correct this by drawing on interviews with 40 high school and college students from a moderately sized southwestern city to examine whether traditional paths to youth activism (i.e., family, friends, and institutions) have changed or eroded as online technology use and extra-institutional engagement among youth has risen. We find that youth continue to be mobilized by supportive family, friends, and institutional opportunities, and that the students who were least engaged are missing these vital support networks. Thus, it is not so much that the process driving youth activism has changed, but that some youth are not receiving support that has been traditionally necessary to spur activism. This offers an important reminder for scholars studying youth and digital activism and youth participation more broadly that existing theory and research about traditional pathways to activism needs to be evaluated in contemporary research.

Details

Social Movements and Media
Type: Book
ISBN: 978-1-78743-098-3

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Book part
Publication date: 7 November 2018

Daniel B. Cornfield, Jonathan S. Coley, Larry W. Isaac and Dennis C. Dickerson

As a site of contestation among job seekers, workers, and managers, the bureaucratic workplace both reproduces and erodes occupational race segregation and racial status…

Abstract

As a site of contestation among job seekers, workers, and managers, the bureaucratic workplace both reproduces and erodes occupational race segregation and racial status hierarchies. Much sociological research has examined the reproduction of racial inequality at work; however, little research has examined how desegregationist forces, including civil rights movement values, enter and permeate bureaucratic workplaces into the broader polity. Our purpose in this chapter is to introduce and typologize what we refer to as “occupational activism,” defined as socially transformative individual and collective action that is conducted and realized through an occupational role or occupational community. We empirically induce and present a typology from our study of the half-century-long, post-mobilization occupational careers of over 60 veterans of the nonviolent Nashville civil rights movement of the early 1960s. The fourfold typology of occupational activism is framed in the “new” sociology of work, which emphasizes the role of worker agency and activism in determining worker life chances, and in the “varieties of activism” perspective, which treats the typology as a coherent regime of activist roles in the dialogical diffusion of civil rights movement values into, within, and out of workplaces. We conclude with a research agenda on how bureaucratic workplaces nurture and stymie occupational activism as a racially desegregationist force at work and in the broader polity.

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Race, Identity and Work
Type: Book
ISBN: 978-1-78769-501-6

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Abstract

Details

Legal Professions: Work, Structure and Organization
Type: Book
ISBN: 978-0-76230-800-2

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Book part
Publication date: 25 September 2020

Yeşim Şendur

Introduction:Shareholder activism comprises a range of activities by public companies’ shareholders who desire some change in the corporation and intervene in the…

Abstract

Introduction:Shareholder activism comprises a range of activities by public companies’ shareholders who desire some change in the corporation and intervene in the management’s decisions. The goals of activists are various. They may seek to change the company’s strategy, financial structure, management, or board in general. More specifically they may seek to change the capital allocation strategy (stock buybacks, dividends, or company’s acquisitions policies), the board composition, the company’s executive compensation plans, or the company’s certain functions (risk management, audit).

Purpose:The purpose of this literature review research study is to explore the concept of shareholder activism. According to a point of view, these activist actions stimulate better corporate governance practice in the companies and ultimately lead to an increase in the company’s stock price in the short term. The others claim that activism increases the company’s share price volatility in the long term. In the near future, the impact of shareholder activism will continue to rise and the ways how the companies respond to it is gaining importance. This study sheds light on the types of shareholder activism, when they are likely to approach a company and which tactics they most likely use.

Methodology:Considering the rapid expansion of shareholder activism concept in the world the author makes a review of literature on shareholder activism. The structure of this chapter is as follows. First, the characteristics of shareholder activism are introduced. Second, the theoretical background of this concept is given in detail. Third, the types of shareholder activism are discussed. Finally, the conclusion comprises a summary of shareholder activism.

Findings:The study finds out that shareholder activism has started to have a significant influence on corporate governance policy that a firm adopts in recent years. Shareholder activism increases levels of shareholder engagement in firm decisions and fosters a long-term corporate governance culture. As institutional investors get a higher portion from global equity investments, their role in shareholder activism will increase. There are opinions suggesting that investor activism will lead to better corporate governance practices in firms, leading to an increase in firm share prices in the short term. The shareholder activism phenomenon seems to be on the agenda of all companies in the near future.

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Book part
Publication date: 9 April 2021

Anil Shukla and Kshama Pandey

Plato and contemporary thinkers including American philosopher Martha Nussbaum have emphasized the need for political consciousness among the youth. Cultivating Humanity

Abstract

Plato and contemporary thinkers including American philosopher Martha Nussbaum have emphasized the need for political consciousness among the youth. Cultivating Humanity: A Classical Defence of Reform in Liberal Education by Nussbaum expressed that

It would be catastrophic to become a nation of technically competent people who have lost the ability to think critically, to examine themselves, and to respect the humanity and diversity of others.

It would be catastrophic to become a nation of technically competent people who have lost the ability to think critically, to examine themselves, and to respect the humanity and diversity of others.

Ideologically, it has been proven that advancement in technology can shift social ethos if we use it intelligently and then technology can lead to activism.

Digital activism can be defined as the use of electronic communication devices, for example, social media, Twitter, Facebook, YouTube, e-mail, e-blogging, micro-blogging and podcast for different forms of activism. It enables citizens to express ideology and spread information to a large audience regarding human rights. In this context, researchers have explored the level of digital activism among pupil teachers and found very little awareness regarding the same. Findings also reveal that the level of digital activism does not have any significant effect on attitude toward human rights and peace. Although findings reveal that attitude toward peace and human rights is positively correlated with each other. Therefore, on the basis of the findings, an intervention program for digital activism has been suggested at the end of this chapter that can foster digital activism among them.

Details

International Perspectives in Social Justice Programs at the Institutional and Community Levels
Type: Book
ISBN: 978-1-80043-489-9

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Book part
Publication date: 19 July 2021

Thomas V. Maher and Jennifer Earl

Prior social movement research has focused on the role that axes of inequality – particularly race, class, gender, and lesbian, gay, bisexual, transgender, and queer…

Abstract

Prior social movement research has focused on the role that axes of inequality – particularly race, class, gender, and lesbian, gay, bisexual, transgender, and queer (LGBTQ) status – play for who participates and how they do so. Age is another important axis of inequality. The pervasiveness of a youth deficit model, which casts young people as deficient and requiring benevolent adult tutelage, is of particular concern for youth. This chapter assesses whether the internalization of the deficit model influences young people's activism and how they perceive their engagement. Drawing on interviews with 40 high school and college students from a southwestern US city, we find that many young people have internalized deficit-model assumptions, affecting when and how they participated. This was most evident among high school students, who limited their participation because they were “not old enough” or gravitated toward more “age-appropriate” forms of activism. Interestingly, we found college students were more willing to engage in online activism but also felt compelled to do significant research on issues before participating, thereby distancing themselves from the deficit model's assumptions of their political naivety. Finally, some participants felt discouraged by the perceived ineffectiveness of protest, which resonated with deficit model narratives of the futility of youth engagement. These findings highlight the importance of understanding the impacts of an internalized deficit model as well as considering age as an axis of inequality in activism. Youth engagement is best supported by seeing young people as capable actors with unique interests, capacities, and points of view.

Details

The Politics of Inequality
Type: Book
ISBN: 978-1-83909-363-0

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Book part
Publication date: 10 June 2021

Eric Kwame Adae

This chapter offers an inquiry into the emerging phenomenon of corporate social advocacy, also known as CEO activism, in a non-Western sociocultural context. It addresses…

Abstract

This chapter offers an inquiry into the emerging phenomenon of corporate social advocacy, also known as CEO activism, in a non-Western sociocultural context. It addresses gaps in CEO activism research, including a dearth of non-Western contexts, dominance of modernist perspectives, and omission of female activist CEO voices. I apply alternative theoretical lenses of Caritas, Ubuntu, Africapitalism, and postmodernism to examine facets of CEO activism in Ghana. Data were collected through long interviews with 24 activist CEO men and women and data underwent hermeneutic phenomenological theme analysis. Findings suggest that CEO activism in Ghana is motivated by a range of factors previously not articulated in the literature on CEO activism. Brand activism typologies adequately describe the causes/issues advocated by activist CEOs in Ghana – as findings advance perspectives of non-Western society CEO activists. Hence, this chapter internationalizes the CEO activism phenomenon for the public relations literature while extending diversity, equality, and inclusion, sustainability, postmodern values, and insider activist perspectives to also include Caritas, Ubuntu philosophy, and Africapitalism.

Details

Public Relations for Social Responsibility
Type: Book
ISBN: 978-1-80043-168-3

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Book part
Publication date: 20 September 2014

Angelique C. Harris

This is the first study to examine AIDS activism among African American women. It also argues for womanism as a framework that can more accurately examine activism among…

Abstract

This is the first study to examine AIDS activism among African American women. It also argues for womanism as a framework that can more accurately examine activism among African American women. Based on in-depth interviews with 36 African American women AIDS activists, this chapter explores factors that encourage activism among this sample of women. Intersectionality, and its emphasis on notions of identity and intersecting oppressions and social justice, is used as the theoretical framework to examine AIDS activism among these women. Findings suggest that their identities as activists and African American women, as well as their spirituality and notions of community uplift and survival have informed their activism efforts. These findings are discussed along with the limitations of utilizing intersectionality as the theoretical framework. Womanism is suggested as a theoretical framework that can extend the notions of identity and activism among people of color emphasized by intersectionality, as it addresses identity and social justice, but also highlights the importance of spirituality and community uplift among this sample of women.

Details

Intersectionality and Social Change
Type: Book
ISBN: 978-1-78441-105-3

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