A Commentary on Fezzey et al. (2024): Stakeholders Are Paramount to Theories of CEO Activism
评论了CEO行动主义模型,强调利益相关者(尤其是行动派利益相关者)对CEO是否参与行动主义及其结果有双重影响,并提出了未来研究的关键问题。
Expanding on Fezzey et al.’s (2024) model of CEO activism, this commentary argues that stakeholders are paramount to understanding CEO activism and must be explicitly included in a robust model of CEO activism. We live in an increasingly activist society where CEOs face pressure from a variety of internal and external stakeholders to engage in activism (Edelman, 2021; Fezzey, et al., 2024; Hambrick & Wowak, 2021). Besides influencing whether and how CEOs engage in activism, stakeholders (especially activist stakeholders) also have a strong influence on the outcomes of CEO activism. After offering an updated model of CEO activism that highlights the dual influence of stakeholders, this article discusses the complexity of stakeholder influence and suggests a number of important questions that should be addressed by future research.