Institutional Investors and Corporate Governance
Seiten
2021
now publishers Inc (Verlag)
978-1-68083-878-7 (ISBN)
now publishers Inc (Verlag)
978-1-68083-878-7 (ISBN)
Provides an overview of the role of institutional investors in corporate governance. The book traces the emergence of institutional investors as the modal concentrated owners of public firms in modern economies; provides a detailed characterization of key aspects of the legal and regulatory setting; and synthesizes the evolving academic literature.
This monograph provides a comprehensive overview of the role of institutional investors in corporate governance. There are three main components: 1) tracing the emergence of institutional investors as the modal concentrated owners of public firms in modern economies; 2) providing a detailed characterization of key aspects of the legal and regulatory setting within which institutional investors operate with respect to the governance of their portfolio firms; and 3) synthesizing the evolving academic literature in finance to the emergence of institutional investors in corporate governance and linking theoretical predictions to empirical findings. Following an introduction, section 2 provides a series of new stylized facts on the evolution of institutional ownership and its heterogeneity in the US and outside of the US. Section 3 describes the legal and regulatory environment within which institutional investors operate, with a focus on the obligations, ability, and incentives of such investors to engage in the corporate governance of firms. Section 4 reviews the theoretical literature on institutional investors and corporate governance while Section 5 discusses the empirical literature. Section 6 provides conclusions.
This monograph provides a comprehensive overview of the role of institutional investors in corporate governance. There are three main components: 1) tracing the emergence of institutional investors as the modal concentrated owners of public firms in modern economies; 2) providing a detailed characterization of key aspects of the legal and regulatory setting within which institutional investors operate with respect to the governance of their portfolio firms; and 3) synthesizing the evolving academic literature in finance to the emergence of institutional investors in corporate governance and linking theoretical predictions to empirical findings. Following an introduction, section 2 provides a series of new stylized facts on the evolution of institutional ownership and its heterogeneity in the US and outside of the US. Section 3 describes the legal and regulatory environment within which institutional investors operate, with a focus on the obligations, ability, and incentives of such investors to engage in the corporate governance of firms. Section 4 reviews the theoretical literature on institutional investors and corporate governance while Section 5 discusses the empirical literature. Section 6 provides conclusions.
1. Introduction
2. Stylized Facts on the Importance of Institutional Investors
3. Legal Environment: Obligations, Ability, and Incentives of Institutional Investors to Govern
4. Theoretical Literature on Institutional Investors and Corporate Governance
5. Empirical Literature on Institutional Investors and Corporate Governance
6. Conclusions
Acknowledgements
References
| Erscheinungsdatum | 26.09.2021 |
|---|---|
| Reihe/Serie | Foundations and Trends® in Finance |
| Verlagsort | Hanover |
| Sprache | englisch |
| Maße | 156 x 234 mm |
| Gewicht | 200 g |
| Themenwelt | Wirtschaft ► Allgemeines / Lexika |
| Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung | |
| ISBN-10 | 1-68083-878-4 / 1680838784 |
| ISBN-13 | 978-1-68083-878-7 / 9781680838787 |
| Zustand | Neuware |
| Haben Sie eine Frage zum Produkt? |
Mehr entdecken
aus dem Bereich
aus dem Bereich
Allgemeines Steuerrecht, Abgabenordnung, Umsatzsteuer
Buch (2024)
Springer Gabler (Verlag)
CHF 39,20
Grundlagen, Beispiele, Übungsaufgaben mit Musterlösungen
Buch | Softcover (2024)
Vahlen (Verlag)
CHF 34,85
