Institutional Ownership

Working Paper

28 August 2019

The Systemic Governance Influence of Universal Owners: Evidence From an Expectation Document

Universal owners can systemically diffuse their investment preferences to a large share of the market. We use the unexpected release of a corporate governance expectation document by Norway’s sovereign wealth fund as a natural...

Ruth V. Aguilera | Vicente J. Bermejo | Javier Capapé | Vicente Cuñat

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