Investor Relations, Engagement, and Shareholder Activism

2021 ◽  
Author(s):  
Kimball L. Chapman ◽  
Gregory S. Miller ◽  
Jed J Neilson ◽  
Hal D. White
Keyword(s):  
Shareholder Activism ◽  
Ceo Turnover ◽  
Deterrent Effect ◽  
Mutual Understanding ◽  
Investor Relations ◽  
Investor Confidence ◽  
Lower Likelihood ◽  
Ongoing Dialogue

A dedicated investor relations (IR) function facilitates direct and ongoing dialogue between management and shareholders. This paper examines whether this form of engagement mitigates activism that relies upon support from other shareholders. We find that IR engagement is associated with increased investor confidence in management and the board, as well as a lower likelihood of activism, with this deterrent effect becoming stronger when there are fewer frictions surrounding the development of mutual understanding and trust with investors. We also find that when firms do experience an activist campaign, firms with IR engagement have less costly and contentious campaigns, including a lower likelihood of CEO turnover, than those without such a commitment. Taken together, our findings suggest that direct and ongoing IR engagement is an important factor in achieving mutual understanding and trust between the firm and its shareholders, which deters activist investors and mitigates the costly escalation of initiated campaigns.

Cross-Border M&A is followed by cross-border investor relations

2016 ◽  
Vol 32 (9) ◽  
pp. 4-6
Author(s):  
Arsia Amir-Aslani ◽  
Philippe Lê ◽  
Mark Anthony Chanel
Keyword(s):  
Capital Markets ◽  
Design Methodology ◽  
Strategic Communication ◽  
Investor Relations ◽  
Short Term ◽  
Content Type ◽  
Investor Confidence ◽  
Cross Border ◽  
Biotechnology Sector

Purpose This paper aims to highlight the growing role of strategic communication in cross-border M&A in helping companies meet market expectations and investor confidence. Design/methodology/approach Viewpoint. Findings When all of the elements about a corporation that can possibly be compiled and projected and understood by the financial community, then that company can expect to compete successfully in the capital markets. Originality/value Communicating the value of R&D programs and their short/term goals has not been extensively covered for the biotechnology sector.

Investor Relations, Engagement, and Shareholder Activism

2021 ◽  
Author(s):  
Kimball Chapman ◽  
Gregory S. Miller ◽  
Jed Neilson ◽  
Hal D. White
Keyword(s):  
Shareholder Activism ◽  
Investor Relations

Investor Relations Role in Merger and Acquisition Activity

2018 ◽  
Vol 08 (02) ◽  
pp. 1850006 ◽  
Author(s):  
Kate Upton
Keyword(s):  
Merger And Acquisition ◽  
Investor Relations ◽  
Media Campaign ◽  
Lower Likelihood ◽  
Deal Completion

Managers are increasingly likely to use investor relations (IR) specialists to communicate to their investors during takeover contests. This paper is the first to study the use of external IR firms and their relation to merger and acquisition (M&A) deal characteristics. Targets that employ IR exhibit increased deal premiums, increases in the time to resolution, and a lower likelihood of deal completion, which may be associated with an IR firm’s media campaign and efforts to delay or prevent a deal. Bidders who utilize IR resources have deals that are more likely to be completed, which likely reflects their ability to educate investors.

Perceived Mutual Understanding (PMU)

2019 ◽  
Vol 35 (1) ◽  
pp. 98-108 ◽  
Author(s):  
Michael J. Burtscher ◽  
Jeannette Oostlander
Keyword(s):  
Mutual Understanding ◽  
Team Cognition ◽  
Internal Reliability ◽  
Confirmatory Factor Analyses ◽  
Team Processes ◽  
One Dimensional ◽  
Item Parameters ◽  
Three Samples ◽  
Confirmatory Factor ◽  
The Individual

Abstract. Team cognition plays an important role in predicting team processes and outcomes. Thus far, research has focused on structured cognition while paying little attention to perceptual cognition. The lack of research on perceptual team cognition can be attributed to the absence of an appropriate measure. To address this gap, we introduce the construct of perceived mutual understanding (PMU) as a type of perceptual team cognition and describe the development of a respective measure – the PMU-scale. Based on three samples from different team settings ( NTotal = 566), our findings show that the scale has good psychometric properties – both at the individual as well as at the team-level. Item parameters were improved during a multistage process. Exploratory as well as confirmatory factor analyses indicate that PMU is a one-dimensional construct. The scale demonstrates sufficient internal reliability. Correlational analyses provide initial proof of construct validity. Finally, common indicators for inter-rater reliability and inter-rater agreement suggest that treating PMU as a team-level construct is justified. The PMU-scale represents a convenient and versatile measure that will potentially foster empirical research on perceptual team cognition and thereby contribute to the advancement of team cognition research in general.

Supporting mutual understanding in a visual dialogue between analyst and computer

2004 ◽  
Author(s):  
Alan R. Chappell ◽  
Andrew J. Cowell ◽  
David A. Thurman ◽  
Judi R. Thomson
Keyword(s):  
Mutual Understanding

METODE PENANAMAN NILAI-NILAI MULTIKULTURAL PADA SISWA KELAS RENDAH (STUDI PADA MI DI MWCNU LP. MAARIF KRAKSAAN)

2018 ◽  
Vol 2 (1) ◽  
pp. 40-51
Author(s):  
Imam Bukhori
Keyword(s):  
Mutual Understanding ◽  
Story Telling ◽  
Study Tour ◽  
Lack Of Knowledge

The purpose of the research is to describe the methods of multicultural values implanting for early students in madrasah ibtidaiyahs on MWCNU LP Ma’arif Kraksaan subdistrict. The method that used to succeed the implanting of multicultural values are story telling, playing, study tour, inuring, modelling and reading poems. The most used method is story telling and inuring. The using of those methods are to give mutual understanding for the multicultural values such as openness, humanity, tolerance, mutually help, justness, equality and brotherhood, good thought, and have a great affection to the nation. By using those methods, the students behaviour could be changeable from refusing the others that differents become accepting and friendly with the others.  The constrains also appear while impalnting multicultural values, such as the lack of knowledge in story telling techniques media used by teachers, the inconsistency of posture in school and the circumstances where the students live.

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