{"id":"https://openalex.org/W2038859896","doi":"https://doi.org/10.2307/2331129","title":"Are Shareholder Proposals All Bark and No Bite? Evidence from Shareholder Resolutions to Rescind Poison Pills","display_name":"Are Shareholder Proposals All Bark and No Bite? Evidence from Shareholder Resolutions to Rescind Poison Pills","publication_year":1998,"publication_date":"1998-12-01","ids":{"openalex":"https://openalex.org/W2038859896","doi":"https://doi.org/10.2307/2331129","mag":"2038859896"},"language":"en","primary_location":{"id":"doi:10.2307/2331129","doi":"https://doi.org/10.2307/2331129","is_oa":false,"landing_page_url":"https://doi.org/10.2307/2331129","pdf_url":null,"source":{"id":"https://openalex.org/S193228710","display_name":"Journal of Financial and Quantitative Analysis","issn_l":"0022-1090","issn":["0022-1090","1756-6916"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","ft50","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Journal of Financial and Quantitative Analysis","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.1352","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5062018319","display_name":"Christopher J. Marquette","orcid":"https://orcid.org/0000-0003-2388-0090","observed_orcids":["https://orcid.org/0000-0003-2388-0090"]},"institutions":[{"id":"https://openalex.org/I126345244","display_name":"Portland State University","ror":"https://ror.org/00yn2fy02","country_code":"US","type":"education","lineage":["https://openalex.org/I126345244"]},{"id":"https://openalex.org/I2803092985","display_name":"Webber International University","ror":"https://ror.org/023cpce20","country_code":"US","type":"education","lineage":["https://openalex.org/I2803092985"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Christopher J. Marquette","raw_affiliation_strings":["Webber College, P.O. Box 96, Dept. of Finance, Babson Park, FL 33827, United States","* Portland State University, School of Business Administration, PO Box 751 Portland, OR 97207"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Webber College, P.O. Box 96, Dept. of Finance, Babson Park, FL 33827, United States","institution_ids":["https://openalex.org/I2803092985"]},{"raw_affiliation_string":"* Portland State University, School of Business Administration, PO Box 751 Portland, OR 97207","institution_ids":["https://openalex.org/I126345244"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5039817370","display_name":"John M. Bizjak","orcid":"https://orcid.org/0000-0002-1661-4651","observed_orcids":["https://orcid.org/0000-0002-1661-4651"]},"institutions":[{"id":"https://openalex.org/I128956969","display_name":"Texas Christian University","ror":"https://ror.org/054b0b564","country_code":"US","type":"education","lineage":["https://openalex.org/I128956969"]},{"id":"https://openalex.org/I91045830","display_name":"Texas A&M University","ror":"https://ror.org/01f5ytq51","country_code":"US","type":"education","lineage":["https://openalex.org/I91045830"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"John M. Bizjak","raw_affiliation_strings":["Texas Christian University, Fort Worth, TX 76129, United States","* Texas A&M University, Department of Finance, College Station, TX 77843"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Texas Christian University, Fort Worth, TX 76129, United States","institution_ids":["https://openalex.org/I128956969"]},{"raw_affiliation_string":"* Texas A&M University, Department of Finance, College Station, TX 77843","institution_ids":["https://openalex.org/I91045830"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5039817370"],"corresponding_institution_ids":["https://openalex.org/I128956969","https://openalex.org/I91045830"],"apc_list":{"value":3550,"currency":"USD","value_usd":3550},"apc_paid":null,"fwci":6.9889,"has_fulltext":false,"cited_by_count":163,"citation_normalized_percentile":{"value":0.96647491,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":92,"max":99},"biblio":{"volume":"33","issue":"4","first_page":"499","last_page":"499"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14102","display_name":"Corporate Governance and Law","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12225","display_name":"Political Influence and Corporate Strategies","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/shareholder-proposals","display_name":"shareholder resolutions","score":0.7770000100135803},{"id":"https://openalex.org/keywords/poison-pills","display_name":"poison pills","score":0.8230000138282776},{"id":"https://openalex.org/keywords/corporate-control","display_name":"corporate control","score":0.4620000123977661},{"id":"https://openalex.org/keywords/takeover-defenses","display_name":"takeover defenses","score":0.5899999737739563},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.5509999990463257}],"concepts":[{"id":"https://openalex.org/C81603835","wikidata":"https://www.wikidata.org/wiki/Q3457430","display_name":"Pill","level":2,"score":0.7642526626586914},{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.7072917819023132},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6282031536102295},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.37034326791763306},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.2657572627067566},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.21540892124176025},{"id":"https://openalex.org/C98274493","wikidata":"https://www.wikidata.org/wiki/Q128406","display_name":"Pharmacology","level":1,"score":0.1530933380126953},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.14195263385772705}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.2307/2331129","doi":"https://doi.org/10.2307/2331129","is_oa":false,"landing_page_url":"https://doi.org/10.2307/2331129","pdf_url":null,"source":{"id":"https://openalex.org/S193228710","display_name":"Journal of Financial and Quantitative Analysis","issn_l":"0022-1090","issn":["0022-1090","1756-6916"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","ft50","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"The Journal of Financial and Quantitative Analysis","raw_type":"journal-article"},{"id":"doi:10.2139/ssrn.1352","doi":"https://doi.org/10.2139/ssrn.1352","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.1352","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:RePEc:cup:jfinqa:v:33:y:1998:i:04:p:499-521_00","doi":null,"is_oa":false,"landing_page_url":"https://www.cambridge.org/core/product/identifier/S0022109000001046/type/journal_article","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"doi:10.2139/ssrn.1352","doi":"https://doi.org/10.2139/ssrn.1352","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.1352","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":31,"referenced_works":["https://openalex.org/W123370347","https://openalex.org/W582908036","https://openalex.org/W1494030762","https://openalex.org/W1496020752","https://openalex.org/W1501728841","https://openalex.org/W1549559673","https://openalex.org/W1927154513","https://openalex.org/W1981160460","https://openalex.org/W1989039113","https://openalex.org/W1991795148","https://openalex.org/W1995241459","https://openalex.org/W1999522759","https://openalex.org/W2014524200","https://openalex.org/W2018650603","https://openalex.org/W2028407599","https://openalex.org/W2045038218","https://openalex.org/W2047453708","https://openalex.org/W2051697130","https://openalex.org/W2063313351","https://openalex.org/W2068235652","https://openalex.org/W2090233233","https://openalex.org/W2096862200","https://openalex.org/W2105462361","https://openalex.org/W2111575777","https://openalex.org/W2141623098","https://openalex.org/W2150598666","https://openalex.org/W2206296729","https://openalex.org/W3121176210","https://openalex.org/W3123504461","https://openalex.org/W3124977889","https://openalex.org/W3125062157"],"related_works":["https://openalex.org/W1510042409","https://openalex.org/W2345829515","https://openalex.org/W6988042601","https://openalex.org/W2627087233","https://openalex.org/W3121781262","https://openalex.org/W7009090767","https://openalex.org/W3095750169","https://openalex.org/W7097643417","https://openalex.org/W2735268224","https://openalex.org/W2570862092"],"abstract_inverted_index":{"John":[0],"M.":[1],"Bizjak,":[2],"Christopher":[3],"J.":[4],"Marquette,":[5],"Are":[6],"Shareholder":[7,16],"Proposals":[8],"All":[9],"Bark":[10],"and":[11,26],"No":[12],"Bite?":[13],"Evidence":[14],"from":[15],"Resolutions":[17],"to":[18],"Rescind":[19],"Poison":[20],"Pills,":[21],"The":[22],"Journal":[23],"of":[24],"Financial":[25],"Quantitative":[27],"Analysis,":[28],"Vol.":[29],"33,":[30],"No.":[31],"4":[32],"(Dec.,":[33],"1998),":[34],"pp.":[35],"499-521":[36]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":5},{"year":2023,"cited_by_count":9},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":5},{"year":2019,"cited_by_count":3},{"year":2018,"cited_by_count":7},{"year":2017,"cited_by_count":7},{"year":2016,"cited_by_count":7},{"year":2015,"cited_by_count":9},{"year":2014,"cited_by_count":6},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":8}],"updated_date":"2026-11-09T13:22:03.289127","created_date":"2016-06-24T00:00:00"}
