The Influence of Online Attention on Governance Behaviors of Minority Shareholders

DOI

10.2991/jahp-17.2017.69How to use a DOI?

Keywords

online attention; minority shareholders; governance behaviors

Abstract

Internet has been popularized increasingly. Based on a newly rising governance subject that is minority shareholders, this article studies the impact of investors' online attention on their governance behaviors. It turns out that the investors' online attentions will significantly increase the governance behaviors of voting by hand and voting with feet, yet the preference to the two will vary with the attentions, namely when it gets more attentions, the preference to vote by hand will increase, otherwise, the preference to vote with feet will increase. It proves that the indifference degree of minority shareholders will vary in the network environment. This article provides new empirical evidence for minority shareholders to participate in the corporate governance, and give clear policy support to China Securities Regulatory Commission to improve online voting and companies to improve the corporate government.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xixi Hu
AU  - Yongxiang Zhu
AU  - Yong Du
PY  - 2017/09
DA  - 2017/09
TI  - The Influence of Online Attention on Governance Behaviors of Minority Shareholders
BT  - Proceedings of the 2nd International Conference on Judicial, Administrative and Humanitarian Problems of State Structures and Economic Subjects (JAHP 2017)
PB  - Atlantis Press
SP  - 338
EP  - 345
SN  - 2352-5398
UR  - https://doi.org/10.2991/jahp-17.2017.69
DO  - 10.2991/jahp-17.2017.69
ID  - Hu2017/09
ER  -