Gresham College Lectures The Stewardship Role of Investors
Mar 6, 2019
50:16
Poor stewardship by investors has been argued to be a cause of poor corporate governance. Moreover, when investors do engage with companies, they do so to increase short-term profit at the expense of long-run value.
This talk will critically analyse the evidence on whether shareholder activism is beneficial for long-term value and suggest policies to promote the 'good' type of shareholder engagement. It will stress that reform must extend far beyond asset managers to the entire investment industry.
A lecture by Alex Edmans, Gresham Professor of Business 6 March 2019
The transcript and downloadable versions of the lecture are available from the Gresham College website:
https://www.gresham.ac.uk/lectures-and-events/stewardship-role-investors
Gresham College has been giving free public lectures since 1597. This tradition continues today with all of our five or so public lectures a week being made available for free download from our website. There are currently over 2,000 lectures free to access or download from the website.
Website: http://www.gresham.ac.uk
Twitter: http://twitter.com/GreshamCollege
Facebook: https://www.facebook.com/greshamcollege
Instagram: http://www.instagram.com/greshamcollege
This talk will critically analyse the evidence on whether shareholder activism is beneficial for long-term value and suggest policies to promote the 'good' type of shareholder engagement. It will stress that reform must extend far beyond asset managers to the entire investment industry.
A lecture by Alex Edmans, Gresham Professor of Business 6 March 2019
The transcript and downloadable versions of the lecture are available from the Gresham College website:
https://www.gresham.ac.uk/lectures-and-events/stewardship-role-investors
Gresham College has been giving free public lectures since 1597. This tradition continues today with all of our five or so public lectures a week being made available for free download from our website. There are currently over 2,000 lectures free to access or download from the website.
Website: http://www.gresham.ac.uk
Twitter: http://twitter.com/GreshamCollege
Facebook: https://www.facebook.com/greshamcollege
Instagram: http://www.instagram.com/greshamcollege