Government has been pressing one group in civil society - financial institutions - to regulate the behavior of another group - the companies in which they invest. We consider the implications of this and assess the prospects for success, drawing on evidence obtained in our recent study of the...

This paper draws upon empirical qualitative research with Finance Directors and Investor Relations managers to examine the disciplinary consequences of their meetings with institutional investors. These private meetings have increased both in frequency and importance in the last decade, but,...