Research Question/IssueDo firms that release 10-K reports with lower readability receive a higher number of shareholder proposals on corporate governance?Research Findings/InsightsUsing the passage of the Plain Writing Act of 2010 as an exogenous source for an increase in 10-K readability within a difference-in-differences framework, we find that firms with poor 10-K readability prior to the Act experienced a decline in the likelihood of receiving corporate governance proposals. This effect is primarily concentrated in proposals sponsored by retail investors and is most pronounced in firms with entrenched management, those actively engaging in earnings management through discretionary accruals, and proposals related to executive compensation and disclosure.Theoretical/Academic ImplicationsBy providing evidence on the differential impact of 10-K readability on retail versus institutional investors, we shed light on the varying information processing capabilities and engagement strategies across investor types. Our findings also illuminate the interplay between disclosure readability, managerial entrenchment, and earnings management, offering insights into the mechanisms through which poor 10-K readability influences the initiation of shareholder proposals.Practitioner/Policy ImplicationsOur findings underscore the effectiveness of the Plain Writing Act of 2010 in enhancing transparency and highlight the role of disclosure readability as a tool for shareholder engagement, particularly for retail investors. Further, we show that the Plain Writing Act achieved more than its original goal of promoting clear and transparent communication between the government and the public; it also achieved an unintended outcome by prompting firms to adopt clear writing norms.

Social networks are highly effective in mobilizing individuals toward collective action. However, such endeavors to rally large groups risk escalating into violent actions, eroding social unity and provoking societal unrest. The information consumption patterns vary considerably across different platforms through which it is disseminated, with platform-specific characteristics significantly impacting how users interact and disseminate information. Nevertheless, this distinctive characteristic has received minimal attention in the literature. Considering these differences, we seek to understand the mechanisms underlying information dissemination on social networks in the context of mob violence and protests. We conducted a comparative analysis of communication on the Reddit and YouTube networks about the riots in France in 2023. By utilizing social network analysis, we clarify the differences in information dissemination across these networks and contribute to information systems literature on social media actions with theoretical and methodological insights into the dissemination of information about riots.

Strategy execution remains a critical challenge for organizations worldwide, with up to 67% of well-formulated strategies failing due to poor implementation. This study addresses the lack of comprehensive strategy execution frameworks by developing and validating the CADAP (capability, agility, design, alignment and people) strategy execution framework. Through a systematic bibliometric analysis of 40 years of literature, we identified eight influential frameworks and conducted research on their limitations. Employing a rigorous combination of inductive and deductive approaches, along with gap analysis, we conceptualized a new framework-CADAP strategy execution framework, consisting of five dimensions: capability, agility, design, alignment and people. We substantiated our framework using natural language processing on 534 articles from four top-tier journals and validated it through a case study of a global bank divestiture. Results demonstrate that CADAP provides a holistic approach to strategy execution, with organizations effectively implementing it, showing improved adaptability and performance in complex environments. Overall, this study contributes to management literature by offering an empirically grounded framework for strategy execution, providing a roadmap for organizations to navigate modern business complexities and foster resilience in the global marketplace. Finally, the limitations and possible future research directions are discussed.