Passive Investors
Passive investors, such as Vanguard or Blackrock, that track an index and have no discretion over their investments own a growin
Passive investors, such as Vanguard or Blackrock, that track an index and have no discretion over their investments own a growin
Institutional Investors are currently the dominant category of shareholders in stock markets and have attracted considerable attention by
Hedge fund activism has become pervasive in today’s corporate landscape.
It is commonly viewed that institutional investors have insufficient incentives to cast informed votes because they compete on relative p
The board of directors is a particularly powerful governance mechanism for monitoring firm performance in the U.S.
The dialogue of the board and its chairman with investors is an established practice in many countries, such as the United Kingdom, the U