Browse CFA Level 1

Chapter 2: Investors and Other Stakeholders

In this section

  • Lenders versus Shareholders
    Explore the distinctions between lenders and shareholders, including priorities in financial distress, rights and control, and the implications for corporate finance and capital structure decision-making.
  • Stakeholder Groups and Their Interests
    Comprehensive coverage of diverse stakeholder groups, their varying interests, and how companies balance these priorities in corporate governance and strategic decision-making.
  • Stakeholder Conflicts and Agency Issues
    Explore the nature of agency conflicts among stakeholders, the causes and costs of agency problems, and the mechanisms organizations use to mitigate them.
  • Environmental, Social, and Governance Factors
    Explore how ESG considerations shape corporate actions and investor perceptions, covering environmental impact, social responsibilities, and governance structures for long-term value creation.
  • Activist Investors and Corporate Social Responsibility
    Dive into how activist investors leverage their influence to drive strategic, financial, and social changes in corporations, and explore why Corporate Social Responsibility is becoming a key factor in investor activism and corporate strategy.
  • Proxy Voting, Meetings, and Shareholder Resolutions
    Explore the essential mechanics and best practices of proxy voting, the role of shareholder meetings, and how resolutions can shape corporate governance and accountability.
  • Minority Shareholder Rights and Protections
    Explore key legal protections and governance mechanisms that safeguard minority shareholders in corporate structures worldwide.
  • Institutional Investors
    A detailed exploration of the role and influence of large-scale institutional investors, their fiduciary responsibilities, and their impact on corporate strategy and governance.
  • Communication Channels with Stakeholders
    Explore the essential channels and best practices for effective stakeholder communication, including annual reports, IR, and social media engagements to foster trust and transparency.
Wednesday, March 26, 2025 Monday, January 1, 1

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