Institutional Investors

Are Large Institutional Investors Actually Effective in Getting Companies to Reduce Their CO2 Emissions?

Large institutional investors have been accused of not doing enough to reduce CO2 emissions. However, a new study finds that firms like BlackRock, Vanguard,...

Barking Up the Right Tree: How Shareholder Activists Raise Issues to Placate Large Mutual Funds

A new paper examines whether shareholder activists tailor their campaigns to persuade large institutional investors and finds that in proxy communications, activists...

It is Not Just Small Investors Who Will Be Silenced Thanks to SEC’s New Rules

Shareholder proposals are one of the most effective forms of shareholder voice in corporate America. It is one of the main channels...

Towards the Giant Three: The Rise and Rise of the Big Three Index Funds

The Big Three index fund managers—BlackRock, Vanguard, and State Street Global Advisors—hold a significant proportion of the stock of US public companies, and they...

Horizontal Shareholding’s Anticompetitive Effects and the Mechanisms That Produce It

Waiting for further proof of causal mechanisms before addressing the anticompetitive harm caused by horizontal shareholding is unjustified, just as it was when people...

LATEST NEWS

Corporate Governance

The Social Responsibility of Business Includes Profits

Alex Edmans

Profits these days are often seen as a dirty word, but it is wrong to demonize profits. A company’s responsibility is not...

News

Academic Gatekeepers, Real and Imagined, Are Threatening the Credibility of the Field of Political Finance  

Renée Adams

One objective of political finance is to hold power to account. However, gatekeeping, both direct and indirect, is keeping important work from...

News

A Call for Comments: Have You Been Affected by Academic Gatekeeping?

Luigi Zingales

On Friday, ProMarket published a piece by Renée Adams about the impact of academic gatekeeping in the political finance. Do you have...

Antitrust and Competition

How Big Data Fuels Big Tech’s Anticompetitive Conduct and Gatekeeping Power

Charlotte Slaiman

Achieving a truly open internet is only possible through robust online competition free from the control of today’s digital gatekeepers like Facebook...

Antitrust and Competition

The Corporate Power Narrative: How Corporations Benefit from Economic Globalization

Anthea Roberts, Nicolas Lamp

In an excerpt from their new book, Six Faces of Globalization: Who Wins, Who Loses, and Why It Matters, Anthea Roberts and...