The volume contains 23 articles by international experts, both scholars and practioners dealing with the development of institutional investors (such as banks, insurances, investment companies, pension funds etc.), their investment and voting policies, the impact on managements of the companies concerned and related issues. The consequences of the international development on capital markets as well as policy implications for the respective national legislations are treated.
Mục lục
I. Comparative and International Aspects
Comparative Aspects of Institutional Investment and Corporate Governance (Richard M. Buxbaum) – Some Differences in Corporate Governance in Germany, Japan and America (Mark J. Roe) – Corporate Governance by Institutional Investors? Some Problems from an International Perspective (Tom Hadden)
II. United States
Public Pension Fund Activism in Corporate Governance Reconsidered (Roberta Romano) – Boards of Directors versus Institutional Investors (Leo Herzel) – CEO Performance, Board Types and Board Performance: A First Cut (Kenneth E Scott/Allan W. Kleidon) – Institutional Investors in the U.S. and the Repeal of Poison Pills: A Practitioner’s Perspective (Mark R. Wingerson/Christipher H. Dorn) – Investment Companies as Guardian Sharholders: The Place of the MSIC in the Corporate Governance Debate (Ronald J. Gilson/Reinier Kraakman)
III. Europe
Institutional Investors in the United Kingdom (Paul Davies) – Corporate Governance in Swedish Listed Companies (Mats Isaksson/Rolf Skog) – Ownership of Equity and Corporate Governance – The Case of Sweden (Erik Berglöf) – Institutional Investors and Corporate Governance in the Netherlands (Wiek J. Slagter) – Institutional Investors, Financial Groups and their Impact on Corporate Governance in Belgium (Eddy Wymeersch) – Les Investisseurs Institutionnels en Droit Francais (Yves Guyon) – Institutional Investors and Corporate Control in Spanish Perspective (Alberto J. Taipa Hermida) – Institutional Investors and Corporate Governance: The Austrian View (Waldemar Jud) – Institutional Investors in Switzerland (Martin Anderson/Thierry Hertig) – Duties of Banks in Voting their Client’s Stock (Johannes Köndgen) – The Equity Market in Germany and its Dependency on the System of Old Age Provisions (Michael Hauck) – Institutional Investors and Corporate Governance: A German Perspective (Friedrich Kübler)
IV. Australia and Japan
Institutional Investors and Corporate Covernance in Australia (Jennifer Hill) – Institutional Investors and Corporate Governance in Japanese Perspective (Harald Baum/Ulrike Schaede) – Institutional Investors and Corporate Governance in Japan (Zenichi Shishido)