haku: @journal_id 571 / yhteensä: 1184
viite: 626 / 1184
Tekijä: | David, P. Kochhar, R. |
Otsikko: | Barriers to effective corporate governance by institutional investors: implications for theory and practice |
Lehti: | European Management Journal
1996 : OCT, VOL. 14:5, p. 457-466 |
Asiasana: | EUROPE INVESTMENT MANAGEMENT |
Kieli: | eng |
Tiivistelmä: | With their increasing equity ownership, institutional investors have been hailed as a possible solution to governance problems with the ability to reduce the power of managers. However, there are some barriers that decrease their effectiveness in providing such governance. These include barriers arising from: 1) business relationships of institutional investors with firms in which they invest; 2) extensive government regulations that constrain the activities of these investors, and 3) limitations on their ability to process the information required to monitor firms. |
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