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Book Cover
E-book
Author Nix, Petra, 1962-

Title The role of institutional investors in corporate governance : an empirical study / Petra Nix, Jean Jinghan Chen
Published New York : Palgrave Macmillan, 2013

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Description 1 online resource
Contents 1. Introduction -- 2. Fundamentals of Corporate Governance -- 3. Methodology -- 4. Description of Interview Partners and Categories -- 5. Study Results -- 6. Study Findings and Analysis -- 7. Conclusions and Implications
Summary There is potential for institutional investors to improve their role in corporate governance. In order to increase their influence institutional investors need to be prepared to pursue an escalation strategy. However, such an approach also needs a strong long-term commitment and investment perspective as well as an attitude that considers the long-term interests of the company. Institutional investors have a high level of expertise that can contribute to the widely discussed improvement of the competence and independence of boards. Important prerequisites of institutional investors who wish to play a role in corporate governance are no conflict of interest and sufficient sector expertise. The managerial implications are that the investor relations function is well established. Communication is the most appropriate measure. However, other typical and presumably more powerful measures like use of voting rights, engagement in the AGM, regular contact with the members of the supervisory board, taking a seat on the supervisory board, owning a meaningful company stake and collaboration with other shareholders play a minor role
"There is potential for institutional investors to improve their role in corporate governance. In order to increase their influence institutional investors need to be prepared to pursue an escalation strategy. However, such an approach also needs a strong long-term commitment and investment perspective as well as an attitude that considers the long-term interests of the company. Institutional investors have a high level of expertise that can contribute to the widely discussed improvement of the competence and independence of boards. Important prerequisites of institutional investors who wish to play a role in corporate governance are no conflict of interest and sufficient sector expertise. The managerial implications are that the investor relations function is well established. Communication is the most appropriate measure. However, other typical and presumably more powerful measures like use of voting rights, engagement in the AGM, regular contact with the members of the supervisory board, taking a seat on the supervisory board, owning a meaningful company stake and collaboration with other shareholders play a minor role."-- Provided by publisher
Notes Print version record
Subject Corporate governance.
Corporations -- Investor relations.
Corporate governance -- Germany.
Management & management techniques -- Germany.
Business communication & presentation -- Germany.
BUSINESS & ECONOMICS -- Business Communication -- General.
BUSINESS & ECONOMICS -- Finance.
BUSINESS & ECONOMICS -- Management.
BUSINESS & ECONOMICS -- Industries -- General.
Business and Management.
Corporate governance
Corporations -- Investor relations
Corporate governance -- Germany.
Management & management techniques -- Germany.
Business communication & presentation -- Germany.
Business and Management.
Form Electronic book
Author Chen, Jean Jinghan
ISBN 9781137327031
1137327030
9781137327024
1137327022
1349460125
9781349460120