Institutional Investors, Corporate Ownership and Corporate Governance: Global Perspectives

作者: Stuart L. Gillan , Laura T. Starks

DOI: 10.1057/9781403943903_2

关键词:

摘要: This chapter examines the role of institutional investors in financial markets and corporate governance. In many countries have become predominant players their influence is growing worldwide, chiefly due to privatization development pension fund systems. Moreover foreign are becoming a significant presence, bringing trading habits governance preferences international markets. fact we argue that primary actors prompting change systems investors, often investors. other only limited role. these large block-holders, form individuals, family groups, corporations or lending institutions, dominant players.

参考文章(87)
Bernard S. Black, Shareholder Activism and Corporate Governance in the United States Social Science Research Network. ,(1997) , 10.2139/SSRN.45100
Nitin Nohria, James D Berkley, None, Whatever happened to the take-charge manager? Harvard Business Review. ,vol. 72, pp. 128- 137 ,(1994)
Ekkehart Boehmer, Corporate Governance in Germany: Institutional Background and Empirical Results Social Science Research Network. pp. 96- ,(2001)
John Pound, Proxy voting and the SEC Journal of Financial Economics. ,vol. 29, pp. 241- 285 ,(1991) , 10.1016/0304-405X(91)90003-3
Brian J. Bushee, The Influence of Institutional Investors on Myopic R&D Investment Behavior Social Science Research Network. ,(1999)
Sanford J. Grossman, Oliver D. Hart, Take-Over Bids, the Free Rider Problem and the Theory of the Corporation The Bell Journal of Economics and Management Science. ,vol. 11, pp. 42- 64 ,(1980) , 10.2307/3003400
Roberta Romano, Public Pension Fund Activism in Corporate Governance Reconsidered Columbia Law Review. ,vol. 93, pp. 795- ,(1993) , 10.2307/1122989
Nicolás Majluf, Darío Rodríguez, Nureya Abarca, Luis Arturo Fuentes, GOVERNANCE AND OWNERSHIP STRUCTURE IN CHILEAN ECONOMIC GROUPS Abante. ,vol. 1, pp. 111- 139 ,(1998)
Jennifer E. Bethel, Stuart L. Gillan, The Impact of the Institutional and Regulatory Environment on Shareholder Voting SSRN Electronic Journal. ,(2002) , 10.2139/SSRN.354820