Award-winning research co-authored by Cambridge Judge Business School’s Elroy Dimson, Oğuzhan Karakaş and Xi Li analysed investor engagement with US companies over 10 years to 2009 and found that share prices rose by an average of 4.4 per cent in the year after an engagement was concluded. The research found that companies tended to experience improvements in operating performance, profitability, efficiency and governance following shareholder engagements.
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