Institutional Investors
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Diversity of Shareholder Stewardship in Asia: Faux Convergence
In 2010, when the United Kingdom enacted the world’s first stewardship code (UK Code), the impetus behind it was clear.
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Does Money Talk? Market Discipline through Selloffs and Boycotts
Market discipline is viewed by policymakers as essential to achieve a more environmentally and socially sustainable economy.
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Index Funds and Corporate Governance: Let Shareholders be Shareholders
Index funds and indexed ETFs managed by the “Big Three” – BlackRock, Vanguard and State Street – have grown to be the largest investors i
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Is The Stock Market Biased Against Diverse Top Management Teams?
Stock market investors are becoming increasingly vocal about the diversity of corporate leadership teams, following a global trend to eng
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Opt-In Stewardship: Toward an Optimal Delegation of Mutual Fund Voting Authority
Corporate ownership around the world rests largely in the hands of institutional intermediaries. Even in U.S., once a bastion of re
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