Scholarlink

<p>Many empirical studies have proved that shareholder activism has a negative or negligible impact on the share value and profitability of investee firms. This study aims to understand the impact of shareholder activism on the profitability of the monitoring firm and not the target firm. The mutual fund regulator made it mandatory for them to exercise their votes in their investee companies actively. Voting actively is an indicator of achieving shareholder activism. The present study sheds light on how the voting pattern of mutual fund companies affected their financial performance in the last 5&#xa0;years. Data have been collected from annual reports of the top 30 mutual funds selected for the study. The stepwise regression analysis is executed to evaluate the effect of votes cast on these performance indicators. It was found that institutional shareholder activism has negligible influence on their financial performance.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

“Does institutional shareholder activism benefit the monitoring firm?”

  • 期刊论文

  • 出版模式：

    开放获取

  • 发表日期：

    2025年7月18日

查看全文
  • Kumar Kiran,
  • Priyanka Anvekar

摘要

Many empirical studies have proved that shareholder activism has a negative or negligible impact on the share value and profitability of investee firms. This study aims to understand the impact of shareholder activism on the profitability of the monitoring firm and not the target firm. The mutual fund regulator made it mandatory for them to exercise their votes in their investee companies actively. Voting actively is an indicator of achieving shareholder activism. The present study sheds light on how the voting pattern of mutual fund companies affected their financial performance in the last 5 years. Data have been collected from annual reports of the top 30 mutual funds selected for the study. The stepwise regression analysis is executed to evaluate the effect of votes cast on these performance indicators. It was found that institutional shareholder activism has negligible influence on their financial performance.