Shareholder Activism

Abstract

2 By 'institutional investors', I mean institutions investing others' savings on their behalf ('money managers'). Typical institutional investors are public and private pension funds and companies, insurance companies and other joint investment properties such as civil law foundations and sovereign wealth funds, as well as hedge funds. E.B. Rock, 'Institutional Investors in Corporate Governance', in J.N. Gordon and W.-G. Ringe (eds.), The Oxford Handbook of Corporate Law and Governance