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The status of shareholder activism in South Africa : 2015 and beyond
Mini Dissertation (MBA)--University of Pretoria, 2015.
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| Other Authors: | |
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| Format: | Thesis |
| Language: | English |
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University of Pretoria
2016
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| _version_ | 1867613455668740096 |
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| access_status_str | Open Access |
| author2 | Konar, Len |
| author_browse | Konar, Len |
| author_facet | Konar, Len |
| collection | Thesis |
| dc_rights_str_mv | © 2016 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. |
| description | Mini Dissertation (MBA)--University of Pretoria, 2015. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/52418 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:36:25.392Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2016 |
| publishDateRange | 2016 |
| publishDateSort | 2016 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/52418 The status of shareholder activism in South Africa : 2015 and beyond Konar, Len ichelp@gibs.co.za Kabi, Mahlatse UCTD Mini Dissertation (MBA)--University of Pretoria, 2015. Shareholder activism has become a dominant force in corporate activities today, and is a contentious topic in many corporate boardrooms. The purpose of this research is to provide a better understanding of shareholder activism in South Africa. The research achieves this by exploring the perspectives of company directors as they relate to the different aspects of shareholder activism and the impact thereof on South African corporates. The research furthermore seeks to establish directors' roles and responsibilities in dealing with shareholder activists, and the manner in which they believe they should prepare for and respond to shareholder activism. A review of relevant literature shed some light onto various aspects of shareholder activism, including the key drivers, frequent demands and strategies commonly used by shareholder activists. In order to garner the desired perspectives, 15 semi-structured, in-depth interviews were conducted with the directors of listed companies across multiple industries. The study differentiated between executive and non-executive directors in terms of their roles and responsibilities in dealing with shareholder activists. Four major themes emerged from the study, namely the type of shareholder prevalent in corporate governance activism, focusing on the firm s governance reforms; that there exists a level of optimism about the effectiveness of shareholder activism in corporate South Africa; the main activist type identified was the long-term institutional investor who prefers to engage directly with directors to resolve any shareholder related issues; and lastly, that most boards have strategies in place to effectively deal with shareholder activists. This study revealed a void in academic literature in South Africa in terms of how directors should prepare for and respond to shareholder activism. This research attempted to address this shortcoming by using the empirical evidence to create and propose a guideline for directors, in order that they may prepare for and respond to shareholder activism in the future. sn2016 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2016-05-04T13:46:27Z 2016-05-04T13:46:27Z 2016-03-30 2015 Mini Dissertation Kabi, M 2015, The status of shareholder activism in South Africa : 2015 and beyond, MBA Mini-dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/52418> GIBS http://hdl.handle.net/2263/52418 en © 2016 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD The status of shareholder activism in South Africa : 2015 and beyond |
| title | The status of shareholder activism in South Africa : 2015 and beyond |
| title_full | The status of shareholder activism in South Africa : 2015 and beyond |
| title_fullStr | The status of shareholder activism in South Africa : 2015 and beyond |
| title_full_unstemmed | The status of shareholder activism in South Africa : 2015 and beyond |
| title_short | The status of shareholder activism in South Africa : 2015 and beyond |
| title_sort | status of shareholder activism in south africa 2015 and beyond |
| topic | UCTD |
| url | http://hdl.handle.net/2263/52418 |