Institutional investors, as stewards, exercise power on behalf of their clients/beneficiaries,
and in doing so, regard a broader spectrum of 'unseen'others-end investors, investable …

John Kingman's review of the Financial Reporting Council (FRC) doubted the effectiveness
of the UK's Stewardship Code in encouraging informed and engaged stewardship by …

Every year the UK government spends billions of pounds purchasing goods, works and
services that are vital to growth, development, health and social welfare. Performed well …

Choice is a key concept of our time. It is a foundational mechanism for every legal order in
societies that are, politically, constituted as democracies and, economically, built on the …

This book brings together thought leadership from academia and leading figures in asset
management in key global jurisdictions, to pool together insights regarding the …

In recent years, the longstanding debate between shareholder-oriented and stakeholder-
oriented models of corporate governance for large listed, or" public" corporations, has …

I. INTRODUCTION Policy-makers in the UK have, since the early 1970s at least, sought to
encourage institutional investors (IIs) to engage with investee companies. This policy has …

Outlining significant dynamics that may pave the way for future evolution in the field of
corporate law, this timely Research Agenda explores provocative and cutting-edge …

This paper analyses the role that the Stewardship Codes can play in regulating the voting
decisions of institutional investors in the shareholders' meetings of the companies in which …

The increasingly influential 'universal owner'theory posits that index funds have incentives to
reduce cross-firm externalities to maximise portfolio value. We develop a more general …