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Share ownership in Australia : The emergence of new tensions?

Citation

White, RD and Tranter, BK and Hanson, DJ, Share ownership in Australia : The emergence of new tensions?, Journal of Sociology, 40, (2) pp. 99-120. ISSN 1440-7833 (2004) [Refereed Article]


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Copyright Statement

Copyright 2004, SAGE Publications.

DOI: doi:10.1177/1440783304042870

Abstract

The rise in private share ownership over the last decade is an interesting but relatively poorly researched issue in Australia. In the expectation that relations between large companies and their shareholders are already important and will become increasingly so, we report exploratory longitudinal studies of two aspects of the interaction. Regression analysis of shareholders’ demographic and attitudinal characteristics, drawn from National Social Science and Australian Electoral Study surveys, shows what shareholders might expect from their companies. Content-analysis of corporate annual reports shows how two companies have reacted; here we compare Coles Myer, the subject of recurrent scandal, with Amcor, as a model of corporate responsiveness. We conclude that widespread share ownership is conducive to increasing social tension across a range of dimensions.

Item Details

Item Type:Refereed Article
Keywords:activism • Australia • corporate governance • environmentalism • regulation • share ownership • social responsibility • triple bottom line
Research Division:Commerce, Management, Tourism and Services
Research Group:Business and Management
Research Field:Human Resources Management
Objective Division:Economic Framework
Objective Group:Management and Productivity
Objective Field:Management
Author:White, RD (Dr Robert White)
Author:Tranter, BK (Professor Bruce Tranter)
Author:Hanson, DJ (Dr Dallas Hanson)
ID Code:32423
Year Published:2004
Web of Science® Times Cited:3
Deposited By:Management
Deposited On:2004-08-01
Last Modified:2010-04-20
Downloads:0

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