Institutional Investors

Passive investors, such as Vanguard or Blackrock, that track an index and have no discretion over their investments own a growin

Institutional Investors are currently the dominant category of shareholders in stock markets and have attracted considerable attention by

Hedge fund activism has become pervasive in today’s corporate landscape.

It is commonly viewed that institutional investors have insufficient incentives to cast informed votes because they compete on relative p

The board of directors is a particularly powerful governance mechanism for monitoring firm performance in the U.S.