Shareholder Ideology and Stewardship

ECGI Roundtable Series

Shareholder Ideology and Stewardship

  • 25 October 2018
  • Hermes Investment Management, London

Hosted by:

 

*** This Event is by invitation only. ***

(ECGI Institutional and Patron Members may submit attendance requests by email however spaces are limited)

The Roundtable will focus on the nature of governance interventions by institutional shareholders. Institutional investors have a conflict between promoting socially responsible behaviour of companies and shareholder value orientation at all cost. What can we learn from voting behaviour about “shareholder ideology”? How actively involved are institutional investors with portfolio companies? Do active managers take buy and sell decisions based on governance and stewardship information? Is there a link between sell decisions, voting and other types of governance intervention?

 

Organisers

Marco Becht, Solvay Brussels School, ECGI and CEPR

Luca Enriques, University of Oxford and ECGI

 

Programme Outline: 

The day is structured around introductory briefings from previously designated participants. These interventions are intended to stimulate further interventions and discussion between all attendees. The use of slides is possible but not necessarily encouraged. The prior distribution of written material is encouraged.

15:00   Registration

15:15   Welcome – Hans Hirt, Executive Director, Hermes EOS

15:30   “Investor Ideology”[1] Patrick Bolton, Columbia Business School and ECGI

16:45   Tea/ Coffee

17:15   “How Active are Active Managers?” [2], Julian Franks, London Business School and ECGI

18:30   Concluding remarks – Marco Becht, Executive Director, ECGI

 

[2] Forthcoming ECGI working paper

 

 

Contact

Programme queries should be directed to Marco Becht (Marco.Becht@ecgi.org) or

Luca Enriques (luca.enriques@law.ox.ac.uk)

Practical queries should be directed to Elaine McPartian (elaine.mcpartlan@ecgi.org)

 

Participants:
 

[list to follow]

Information

Address:
Hermes Investment Management, 150 Cheapside, London, EC2V 6ET
Contact:
Elaine McPartlan
European Corporate Governance Institute (ECGI)

Thursday, 25 October 2018

15:00
- 15:15

Registration

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Investor Ideology

Time:
15:30h
- 16:45h

Speakers

16:45
- 17:15

Tea / Coffee

17:15
- 18:30

How Active are Active Managers?

Speakers:
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How Active are Active Managers?

Time:
17:15h
- 18:30h

Speakers

Speakers

Presentations

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Welcome

Time:
15:15h
- 15:30h

Speakers

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Investor Ideology

Time:
15:30h
- 16:45h

Speakers

Back to all presentations

How Active are Active Managers?

Time:
17:15h
- 18:30h

Speakers

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Concluding remarks

Time:
18:30h

Speakers