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Using a parsimonious measure of investor protection constructed from fund organizational characteristics, this paper documents that companies targeted by activists with better investor protection structures outperform those targeted by those with poor investor protection structures by roughly 10% per year. The outperformance is observed only for active targets for which Schedule 13Ds are filed, not for passive Schedule 13G investments, indicating that the effect is not explained by a superior target-selection ability. The evidence suggests that funds with better investor protection achieve increased profitability and valuation ratio of their targets by reducing agency costs, improving corporate governance, and collaborating with other large institutional investors.
Re-engaging with Sustainability in the Anthropocene Era applies organization theory to a grand challenge: our entry into the Anthropocene era, a period marked not only by human impact on climate change, but on chemical waste, habitat destruction, and despeciation. It focuses on institutional theory, modified by political readings of organizations, as one approach that can help us navigate a new course. Besides offering mechanisms, such as institutional entrepreneurship, social movements, and policy shifts, the institutional-political variant developed here helps analysts understand the framing of scientific facts, the counter-mobilization of skeptics, and the creation of archetypes as new social orders.
This chapter presents a critical review of the literature on presenteeism. The goal is to summarize and identify the main conceptual and methodological limitations of presenteeism. More specifically, we critically review the presenteeism literature with a view to suggesting future research avenues that take into account the dynamic aspects of this phenomenon. First, some of the most popular and widely used definitions of presenteeism are presented along with their limitations. Then, we consider the various measures of presenteeism and suggest some improvements. Finally, we present methodological limitations based on an overview of research and current thinking in the field. This chapter highlights the methodological importance of considering small and medium-sized enterprises (SMEs) in future research.
This chapter presents a critical review of the literature on presenteeism. The goal is to summarize and identify the main conceptual and methodological limitations of presenteeism. More specifically, we critically review the presenteeism literature with a view to suggesting future research avenues that take into account the dynamic aspects of this phenomenon. First, some of the most popular and widely used definitions of presenteeism are presented along with their limitations. Then, we consider the various measures of presenteeism and suggest some improvements. Finally, we present methodological limitations based on an overview of research and current thinking in the field. This chapter highlights the methodological importance of considering small and medium-sized enterprises (SMEs) in future research.