Individual shareholder activism in South Africa: The case of Theo Botha

Journal of Economic and Financial Sciences

 
 
Field Value
 
Title Individual shareholder activism in South Africa: The case of Theo Botha
 
Creator Viviers, Suzette
 
Subject Board diversity; Gender diversity; Race diversity; Accounting-based financial performance; Market-based financial performance; Shareholder activism; shareholder engagement; corporate governance; shareholder salience; normative power; individual legitimacy
Description Shareholder activists play a key role in monitoring managerial behaviour. This study was undertaken given the paucity of research on the shareholder activism as practised by individual shareholders. Accordingly, the motives, modus operandi and sources of salience of Mr Theo Botha, a well-known shareholder activist in South Africa, were investigated. Document analysis and an in-depth interview conducted with Botha revealed that he not only has a clear goal, but is also very passionate about achieving his goal. Botha prepares meticulously before engaging companies across the economic spectrum. In addition to possessing normative power, Botha also exhibits individual, pragmatic and societal legitimacy. His assertiveness, persistence and willingness to apply his own resources significantly contribute to his prominence as a corporate watchdog. Shareholder activists who wish to become more salient (irrespective of their size) could learn from Botha’s experiences over the past decade.
 
Publisher AOSIS
 
Contributor
Date 2016-08-11
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion —
Format application/pdf
Identifier 10.4102/jef.v9i2.46
 
Source Journal of Economic and Financial Sciences; Vol 9, No 2 (2016); 247-369 2312-2803 1995-7076
 
Language eng
 
Relation
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:

https://jefjournal.org.za/index.php/jef/article/view/46/43
 
Rights Copyright (c) 2017 Suzette Viviers https://creativecommons.org/licenses/by/4.0
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