Boards and shareholders: Bridging the divide

Jenna Burke, Cynthia Clark
Shareholder Empowerment (Book Chapter),Pages: 137-154.
Today’s corporate environment, and the interactions among its participants, are increasingly complex and dynamic. The market has responded with expansive regulations, listing rules, and bylaws aimed at empowering shareholders. With this empowerment, shareholders can now voice their discontent and demand necessary corrections. Notably, corporate constituents have not only more information, but also more ways to access it (e.g., formal reporting, public filings, Twitter, blogs, e-mails, listservs, etc.), creating both greater transparency and greater scrutiny of organizational behaviors.