Shareholder activism, divestment, and sustainability

Yun Shen, Martina Linnenluecke and Tom Smith

Accounting and Finance, 2025, vol. 65, issue 2, 1188-1213

Abstract: This paper provides a systematic review of the literature pertaining to shareholder activism, divestment, and sustainability. Since the early 2000s, scholars have been engaged in research to better understand shareholder activism and firm divestment. By conducting a state‐of‐the‐art literature review, we identify the 40 most influential publications in the field and find that they can be divided into two distinct themes. We review each of these to identify the main contributions in these research areas. With a highlight on possible pathways for future research, we outline these emerging trends to integrate existing knowledge and provide suggestions for innovative research opportunities to expand the research frontier.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/acfi.13361

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:acctfi:v:65:y:2025:i:2:p:1188-1213

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0810-5391

Access Statistics for this article

Accounting and Finance is currently edited by Robert Faff

More articles in Accounting and Finance from Accounting and Finance Association of Australia and New Zealand Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().