Institutional investors, now in control of more than half the share of U.S. corporations, demand more accountability
Article Abstract:
The main ongoing change in US share ownership has been progressive institutionalization. The 1990s mark the first time institutional ownership accounts for more than half the shares of American corporations.By contrast, institutional investors owned less than 10% of American shares 40 years ago. A demand for greater accountability has been one of this ownership change's key consequences. The SEC is aware of this change and it does not seem to be losing momentum.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Future governance and activism trends; six predictions include growing influence of technology, focus on social issues, better communication and globalization
Article Abstract:
Forecasts regarding corporate governance, globalization, and socially responsible investments are given. Increasing demands the Internet will place on corporate management, the likelihood of proposals by shareholder activists on various social issues, and the greater acceptability of socially responsible investing for transforming US corporations are all discussed.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
The 1998 proxy season was an active one, with corporate boards appearing more willing to listen to the concerns and complaints of company shareholders
Article Abstract:
Shareholders were very active during the 11998 proxy season, fighting individual corporate directors, boards, perceived excessive executive salaries, and anti-takeover defenses. Corporations have noticed increasing institutional share ownership during the 1990s, and this has increased management willingness to listen to the complaints of shareholders.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: ALI's Restatements of the Law. Adventures of corporate counselor. Legal researcher's big brother
- Abstracts: A constitutional siesta; court focuses on statutory interpretation and common law. Snapshot of progress; women steadily gaining ground in association leadership, commission report reveals
- Abstracts: Constitutional law - bill of attainder - Fifth Circuit holds that the special provisions of the Telecommunications Act of 1996 are not a bill of attainder - SBC Communications, Inc. v. FCC
- Abstracts: Constitutional law - procedural due process - Pennsylvania Supreme Court holds sentence-enhancement provisions of "Megan's Law" unconstitutional - Commonwealth v. Williams
- Abstracts: Employment law; 'employee' defined. Two NLRB decisions expand employee rights; nonunion workers now have 'Weingarten' rights, and unions are freer to organize temps