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The Symbolic Management of Stockholders: Corporate Governance Reforms and Shareholder Reactions
Home
Publications
The Symbolic Management of Stockholders: Corporate Governance Reforms and Shareholder Reactions
The Symbolic Management of Stockholders: Corporate Governance Reforms and Shareholder Reactions
JW
James D. Westphal
James D. Westphal
EZ
Edward J. Zajac
Edward J. Zajac
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1 March 1998
journal article
Published by
JSTOR
in
Administrative Science Quarterly
Vol. 43
(1)
,
127
https://doi.org/10.2307/2393593
Abstract
This paper examines the consequences of symbolic action in corporate governance. Specifically, we examine (1) whether the stock market reacts favorably to speci...
Keywords
CORPORATE GOVERNANCE
SYMBOLIC MANAGEMENT
REACTS
REFORMS
MARKET
MANAGEMENT OF STOCKHOLDERS
PAPER EXAMINES
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Open Access
Cited by 544 articles