Behind the Scenes: The Corporate Governance Preferences of Institutional Investors

We survey institutional investors to better understand their role in the corporate governance of firms. Consistent with a number of theories, we document widespread behind-the-scenes intervention as well as governance-motivated exit. These governance mechanisms are viewed as complementary devices, w...

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Vydáno v:	The Journal of finance (New York) Ročník 71; číslo 6; s. 2905 - 2932
Hlavní autoři:	McCAHERY, JOSEPH A., SAUTNER, ZACHARIAS, STARKS, LAURA T.
Médium:	Journal Article
Jazyk:	angličtina
Vydáno:	Cambridge Blackwell Publishing Ltd 01.12.2016 Wiley Periodicals, Inc Wiley Blackwell Publishers Inc
Témata:	2013 Advisors Asset management Business entities Corporate governance Governance Institutional investments Internet Intervention Investment horizon Investors Liquidity Portfolio management Proxies Proxy reporting Proxy statements Shareholders Studies
ISSN:	0022-1082, 1540-6261
On-line přístup:	Získat plný text
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