A critical assessment of how non‐governmental organizations use the capital markets to achieve their aims: a UK study
提出非政府组织干预资本市场的两种策略（宏观资本再分配与微观投资者影响），通过四个案例检验其有效性，发现某些情况下能成功改变企业战略。
Abstract Non‐governmental organizations (NGOs) increasingly attempt to use the capital markets to further their aims. This paper proposes a taxonomy for such intervention that is based on two distinct strategies: a macro capital redistribution strategy and a micro investor influence strategy, both of which can be undertaken either directly or indirectly. The paper reviews empirical evidence of the success of each strategy through four case studies. It concludes by suggesting that there is some empirical evidence that the typology can be successfully applied and that there is some initial evidence that NGO capital market engagement strategies have, in certain circumstances, successfully changed business strategy. Copyright © 2003 John Wiley & Sons, Ltd and ERP Environment.