Review of Coordinated Engagements (Discussant)
Presentation
Overview
Overview
Description
The authors use a unique dataset to examine the efficacy of coordinated engagements organized by PRI, which are structured with and without lead investors (i.e., two-tier vs. single-tier). The paper describes how coordinate engagements are organized and shows that two-tier engagements are twice as likely to achieve their non-financial objectives than single tier engagements.