How to Overcome Shareholder Apathy in Corporate Governance- The Role of Investor Associations in Germany

Stratling, R.

doi:10.1111/j.1467-8292.2012.00458.x

How to Overcome Shareholder Apathy in Corporate Governance- The Role of Investor Associations in Germany

Stratling, R.

Authors

Dr Rebecca Stratling rebecca.stratling@durham.ac.uk
Associate Professor

Abstract

Investor apathy by private retail investors and highly diversified institutional investors is often blamed for poor managerial accountability and control of majority investors. Attempts to encourage shareholder activism tend to focus on large institutional investors and ignore retail investors. However, in Germany associations of private retail investors play an increasingly important role in organizing collective shareholder action and defining minority shareholder interests. The German example highlights a possible alternative to the US and UK model of shareholder activism, which is dominated by institutional investors

Citation

Stratling, R. (2012). How to Overcome Shareholder Apathy in Corporate Governance- The Role of Investor Associations in Germany. Annals of Public and Cooperative Economics, 83(2), 143-157. https://doi.org/10.1111/j.1467-8292.2012.00458.x

Journal Article Type	Article
Online Publication Date	Apr 23, 2012
Publication Date	Jun 1, 2012
Deposit Date	Mar 9, 2012
Publicly Available Date	Sep 12, 2017
Journal	Annals of Public and Cooperative Economics
Print ISSN	1370-4788
Electronic ISSN	1467-8292
Publisher	Wiley
Peer Reviewed	Peer Reviewed
Volume	83
Issue	2
Pages	143-157
DOI	https://doi.org/10.1111/j.1467-8292.2012.00458.x
Public URL	https://durham-repository.worktribe.com/output/1479769

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This is the accepted version of the following article: Stratling, R. (2012). How to Overcome Shareholder Apathy in Corporate Governance - The Role of Investor Associations in Germany. Annals of Public and Cooperative Economics 83(2): 143-157, which has been published in final form at https://doi.org/10.1111/j.1467-8292.2012.00458.x. article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.