Institutional Investors
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The Importance of Climate Risks for Institutional Investors
Climate risks have potentially large effects on investors’ portfolio companies.
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The Specter of the Giant Three
The world’s largest three investment managers—BlackRock, Vanguard, and State Street Global Advisors—control a large, and steadily growing
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The Costs and Benefits of Shareholder Democracy
Firms with strong corporate governance are often likened to democracies.
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Institutional Investors' Impact on the Terms and Outcome of Freeze-out Tender Offers
Freezeout tender offers are offers by the controlling shareholders to purchase all publically traded shares.
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Passive Investors
Passive investors, such as Vanguard or Blackrock, that track an index and have no discretion over their investments own a growin
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The Sustainability Footprint of Institutional Investors
Institutional Investors are currently the dominant category of shareholders in stock markets and have attracted considerable attention by
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