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This paper investigates the role of institutional investors in the improvement of corporate governance for the companies in which they invest (investee companies) using evidence about the attributes of boards of directors across 15 countries. Furthermore, this paper examines the extent to which...
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America's corporate boards are insufficiently diverse. Too few women and ethnic minorities are at the table. California's SB 826 seeks to remedy this situation by imposing penalties on publicly traded corporations with headquarters in California, regardless of where they are chartered, if their...
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The past financial crisis revealed the lack of engagement of institutional shareholders in matters of corporate policy … formation. It has been argued that, because of the absence of adequate normative powers, institutional shareholders have not … actively engaged with their companies. Conversely, some suggest that shareholders, despite being adequately empowered, do not …
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