Does Competition Affect Shareholder Activism and Institutional Investors Used as Moderators?

Rahul Sharma, Rahul Singh Gautam, Bhakti Agarwal, Soma Sharma, Sangeeta Paliwal, Shailesh Rastogi

2024

Abstract

The primary objective of this paper is to evaluate the influence of compensation (comp.) on Shareholder Activism (SHA), with institutional investors (II) serving as a moderating factor. This study uses a sample of 78 non-financial firms and employs regression by using Python to understand the outcome. Two distinct models were employed in the analysis: a base model and an interaction model. The base model revealed a negative correlation between compensation and SHA, suggesting that higher compensation levels coincide with increased shareholder activism. In the second model, the impact of the moderator, II, was examined, revealing no statistically significant effect on the relationship between SHA and compensation. From a practical perspective, this study contributes uniquely to the literature by addressing a gap in research concerning the relationship between SHA and compensation. Consequently, the findings hold potential implications for policymakers, offering insights into how compensation levels may influence shareholder activism.

Paper Citation

in Harvard Style

Sharma R., Gautam R., Agarwal B., Sharma S., Paliwal S. and Rastogi S. (2024). Does Competition Affect Shareholder Activism and Institutional Investors Used as Moderators?. In Proceedings of the 1st International Conference on Cognitive & Cloud Computing - Volume 1: IC3Com; ISBN 978-989-758-739-9, SciTePress, pages 68-75. DOI: 10.5220/0013237900004646

in Bibtex Style

@conference{ic3com24,
author={Rahul Sharma and Rahul Gautam and Bhakti Agarwal and Soma Sharma and Sangeeta Paliwal and Shailesh Rastogi},
title={Does Competition Affect Shareholder Activism and Institutional Investors Used as Moderators?},
booktitle={Proceedings of the 1st International Conference on Cognitive & Cloud Computing - Volume 1: IC3Com},
year={2024},
pages={68-75},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0013237900004646},
isbn={978-989-758-739-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Cognitive & Cloud Computing - Volume 1: IC3Com
TI - Does Competition Affect Shareholder Activism and Institutional Investors Used as Moderators?
SN - 978-989-758-739-9
AU - Sharma R.
AU - Gautam R.
AU - Agarwal B.
AU - Sharma S.
AU - Paliwal S.
AU - Rastogi S.
PY - 2024
SP - 68
EP - 75
DO - 10.5220/0013237900004646
PB - SciTePress