Shareholder Voting

The eighteenth lecture in the Indiana University - ECGI Online Series was given by Nadya Malenko (Boston College & ECGI) on the topic "Shareholder Voting".

Shareholder voting has become increasingly important in recent years given the growing concentration of institutional ownership, the strengthening of shareholder rights, and the increased number of environmental, social, and governance proposals that appear on companies’ agendas. Professor Malenko’s lecture reviewed the recent theoretical and empirical research on shareholder voting. It focussed on understanding how informed voting outcomes are; what impact they had on corporate policies; the role of shareholder heterogeneity; and the effects of voting intermediaries, including proxy advisors and large asset managers.

Professor Nadya Malenko is a Professor of Finance at Boston College’s Carroll School of Management. She is also a faculty research associate at the National Bureau of Economic Research, a research member of the European Corporate Governance Institute, and a research fellow of the Centre for Economic Policy Research. Her research examines shareholder voting, the design of corporate boards, shareholder activism, and the allocation of authority in organizations. She is an Associate Editor at the Journal of Finance, Journal of Financial Economics, and Journal of Financial and Quantitative Analysis, and serves on the board of directors of the American Finance Association, Western Finance Association, European Finance Association, and Financial Management Association.

The public lecture series is organised by Institute for Corporate Governance (ICG) in partnership with the Ostrom Workshop at Indiana University and ECGI.