The Antecedents of Institutional Investor Activism
整合金融、法律和管理学文献，提出一个包含12个关键变量的模型，解释机构投资者积极主义水平的变化及其对企业行为的影响，有助于澄清该领域此前不一致的研究结果。
The fledgling literature concerning institutional investors' impact on U.S. corporations has been plagued by mixed results. We argue that an improved understanding of an intervening variable—investor activism—may help to clarify future studies. In this article we synthesize the financial, legal, and management literature to arrive at an integrated model of twelve key variables that may lead to variations in these investors' levels of activism and, hence, their impact on firm behavior.