A fast-growing legal literature commenting on a set of empirical papers alleging anticompetitive effects of common ownership claims that the reported effects, if true, would imply that corporate executives violate their fiduciary duty: whereas acting in the interest of common owners can help...

Proxy advisory firms have become influential players in the financial markets as they offer important services to investors, including notably recommendations in the exercise of voting rights. The relationship between companies and shareholders thus depends, to a certain extent, on how well...