1st Edition

The Changing Face of Corporate Ownership Do Institutional Owners Affect Firm Performance

By Michael J. Rubach Copyright 1999

    First Published in 2000. This book examines the shareholder activism of institutional investors and the effect of shareholder activism on portfolio performance. Institutional shareholder activism includes both traditional mechanisms of influence (e.g., filing shareholder proposals) and relationship investing (e.g., long-term interorganizational contacts between owners and a corporation’s top managers).

    Chapter 1: Introduction Chapter 2: Institutional Ownership and Corporate Governance Chapter 3: Heterogeneity of Institutional Owners Chapter 4: Institutional Shareholder Activism Chapter 5: Research Questions and Hypotheses Chapter 6: Research Design and Methodology Chapter 7: Results and Analysis Chapter 8:' Implications for Institutions, Corporations, Regulators and Future Research

    Biography

    Michael J. Rubach