Shareholder activism in Korea has been commended by Western
economists. A prominent leader is the People's Solidarity for
Participatory Democracy (PSPD), a civil society organization. How
could the activism led by a civil society organization grow and
thrive in the poor soil of Korea to become the success story of
corporate governance reform in developing countries? This book
examines shareholder activism and investigates three elements of
social movement theory - political opportunity, framing process and
resource mobilization - to explain this phenomenon.
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