Detailed Information

Cited 0 time in webofscience Cited 3 time in scopus
Metadata Downloads

Determinants of Shareholder Activism of the National Pension Fund of Korea

Full metadata record
DC FieldValueLanguage
dc.contributor.authorLee, Jaehyun-
dc.contributor.authorIn, Francis-
dc.contributor.authorKhil, Jaeuk-
dc.contributor.authorPark, Young S.-
dc.contributor.authorWee, Kyeong Woo-
dc.date.available2021-02-22T07:46:19Z-
dc.date.created2020-08-18-
dc.date.issued2018-12-
dc.identifier.issn2041-9945-
dc.identifier.urihttps://scholarworks.sookmyung.ac.kr/handle/2020.sw.sookmyung/4143-
dc.description.abstractThis paper identifies the determinants of shareholder activism of the National Pension Fund of Korea (NPF), and investigates its stock market reaction. In the case of article amendments, the NPF exercises its voting right actively when the firm has concentrated ownership, and does not belong to chaebols. The NPF is active when the firm has diffused ownership, and is not a chaebol affiliate if the agenda up for vote is auditor appointments. The event studies show that a long position in the NPF "Yes" vote stocks and a short position in the "No" vote stocks produce positive abnormal returns.-
dc.language영어-
dc.language.isoen-
dc.publisherWiley-Blackwell-
dc.titleDeterminants of Shareholder Activism of the National Pension Fund of Korea-
dc.typeArticle-
dc.contributor.affiliatedAuthorWee, Kyeong Woo-
dc.identifier.doi10.1111/ajfs.12238-
dc.identifier.scopusid2-s2.0-85058564589-
dc.identifier.wosid000454517700002-
dc.identifier.bibliographicCitationASIA-PACIFIC JOURNAL OF FINANCIAL STUDIES, v.47, no.6, pp.805 - 823-
dc.relation.isPartOfASIA-PACIFIC JOURNAL OF FINANCIAL STUDIES-
dc.citation.titleASIA-PACIFIC JOURNAL OF FINANCIAL STUDIES-
dc.citation.volume47-
dc.citation.number6-
dc.citation.startPage805-
dc.citation.endPage823-
dc.type.rimsART-
dc.type.docTypeArticle-
dc.identifier.kciidART002419381-
dc.description.journalClass1-
dc.description.isOpenAccessN-
dc.description.journalRegisteredClassssci-
dc.description.journalRegisteredClassscopus-
dc.description.journalRegisteredClasskci-
dc.relation.journalResearchAreaBusiness & Economics-
dc.relation.journalWebOfScienceCategoryBusiness, Finance-
dc.subject.keywordAuthorNational Pension Fund of Korea-
dc.subject.keywordAuthorShareholder activism-
dc.subject.keywordAuthorStock market reaction-
dc.subject.keywordAuthorVoting right-
dc.identifier.urlhttps://onlinelibrary.wiley.com/doi/full/10.1111/ajfs.12238-
Files in This Item
Go to Link
Appears in
Collections
경상대학 > 경영학부 > 1. Journal Articles

qrcode

Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.

Related Researcher

Researcher Wee, Kyeong Woo photo

Wee, Kyeong Woo
경상대학 (경영학부)
Read more

Altmetrics

Total Views & Downloads

BROWSE