The Pacification of Institutional Investors
By James D. Westphal, Michael K. Bednar. 2008
153 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/4d02b37405cc849e2541573131cf3957ea100907
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- James D. Westphal
- Ithai Stern
- Isabel Fernandez-Mateo
- Matthew Bidwell
- Forrest Briscoe
- Claudia Cogliser
- M. Huse
- C. Sundaramurthy
In Finance
Citations in the corpus
- Ownership as a Form of Corporate Governance (2010, unknown): “Also, recent research has shown that managers use forms of ingratiation and persuasion to limit powerful investors from using their coercive power to force changes that could benefit shareholders at the expense of top management (Westphal and Bednar, 2008).”
- CEO Narcissism and the Impact of Prior Board Experience on Corporate Strategy (2015, unknown): “We also controlled for the influence of institutional investors by using the percentage of shares held by them (institutional ownership) (Westphal and Bednar, 2008).”
- A Review of Cognitive Dissonance Theory in Management Research (2017, methodology): “…have applied CDT to understand important workplace issues related to organizational behavior (e.g., Bhave & Glomb, 2016), human resource management (e.g., Shipp, FurstHolloway, Harris, & Rosen, 2014), strategy (e.g., Westphal & Bednar, 2008), and entrepreneurship (e.g., Ambos & Birkinshaw, 2010).”
- The Employment Relationship and Inequality: How and Why Changes in Employment Practices are Reshaping Rewards in Organizations (2013, background): “Today, institutional investors hold approximately 60% of corporate equity, outpacing stock ownership by individual investors (Westphal & Bednar, 2008).”
- Stealthy Footsteps to the Boardroom: Executives' Backgrounds, Sophisticated Interpersonal Influence Behavior, and Board Appointments (2010, background): “…that appear to further their interests at the expense of shareholders by engaging in ingratiation toward various internal and external constituents, including outside directors, institutional fund managers, security analysts, and journalists (e.g., Westphal, 1998; Westphal and Bednar, 2008).”