The new titans of Wall Street: A theoretical framework for passive investors

J Fisch, A Hamdani, SD Solomon - University of Pennsylvania Law Review, 2019 - JSTOR
Passive investors—ETFs and index funds—are the most important development in modern-
day capital markets, dictating trillions of dollars in capital flows and increasingly owning …

The history wars and property law: Conquest and slavery as foundational to the field

KS Park - Yale LJ, 2021 - HeinOnline
This Article addresses the stakes of the ongoing fight over competing versions of US history
for our understanding of law, with a special focus on property law. Insofar as legal …

Do index funds monitor?

D Heath, D Macciocchi, R Michaely… - The Review of …, 2022 - academic.oup.com
Passively managed index funds now hold over 30 of US equity fund assets; this shift raises
fundamental questions about monitoring and governance. We show that, relative to active …

Systematic stewardship

JN Gordon - J. Corp. L., 2021 - HeinOnline
This Article aims to provide a foundation for a form of engagement by large institutional
investors and asset managers with their portfolio companies and with the broader corporate …

From passive owners to planet savers? Asset managers, carbon majors and the limits of sustainable finance

J Baines, SB Hager - Competition & Change, 2023 - journals.sagepub.com
This article examines the role of the Big Three asset management firms–BlackRock,
Vanguard and State Street–in corporate environmental governance. Specifically, it …

Index funds and corporate governance: Let shareholders be shareholders

M Kahan, EB Rock - BuL rev., 2020 - HeinOnline
Index mutual and exchange-traded funds managed by the" Big Three" BlackRock,
Vanguard, and State Street-have grown to be the largest investors in publicly traded …

Caremark and ESG, Perfect Together: A Practical Approach to Implementing an Integrated, Efficient, and Effective Caremark and EESG Strategy

LE Strine Jr, KM Smith, RS Steel - Iowa L. Rev., 2020 - HeinOnline
With increased calls from investors, legislators, and academics for corporations to consider
employee, environmental, social, and governance factors (" EESG") when making decisions …

The strategies of anticompetitive common ownership

CS Hemphill, M Kahan - Yale LJ, 2019 - HeinOnline
Scholars and antitrust enforcers have raised concerns about anticompetitive effects that may
arise when insitutional investors hold substantial stakes in competing frms. Their con-cern …

Corporate governance reform and the sustainability imperative

CM Bruner - Yale LJ, 2021 - HeinOnline
Recent years have witnessed a significant upsurge of interest in alternatives to shareholder-
centric corporate governance, driven by a growing sustainability imperative-widespread …

The agency costs of sustainable capitalism

A Christie - UC Davis L. Rev., 2021 - HeinOnline
The passive index investing revolution and the surge in demand for environmental, social,
and governance (" ESG") investment products are the most monumental changes to sweep …