01368nas a2200157   4500008004100000245013600041210006900177260000900246300000900255490000700264520073300271653003201004100002001036700002201056856013201078       2006                        eng d00aInstitutional Ownership and Corporate Social Performance:  The Moderating Effect of Investment Horizon, Activitism and Coordination0 aInstitutional Ownership and Corporate Social Performance The Mod  c2006  a1-240 v323 aScandals at Enron and WorldCom have thrust debates concerning corporate governance and corporate social performance (CSP) to the forefront of the minds of shareholders, managers, and public policy makers. Relying on the theory of stakeholder salience, the authors suggest that institutional owners' investment horizons, as well as the frequency and coordination of institutional owners' activism, moderate the institutional ownership -CSP relationship. Data collected in 1995 and 2000 from the Fortune 500 firms show that long-term institutional ownership is positively associated with CSP and that the frequency and coordination of activism interact with long-term institutional holdings to positively affect CSP 3 years later.10aStrategy & Entrepreneurship1 aNeubaum, Donald1 aZahra, Shaker, A.  u/biblio/institutional-ownership-and-corporate-social-performance-moderating-effect-investment-0