Shareholder activism has become a dynamic institutional force, and its associated, rapidly
increasing body of scholarly literature affects numerous disciplines within the organization …

Financial economics and corporate governance have long focused on the agency problems
between corporate managers and shareholders that result from the dispersion of ownership …

Blockchains represent a novel application of cryptography and information technology to
age-old problems of financial record-keeping, and they may lead to far-reaching changes in …

There is considerable hype about blockchain in almost every industry, including finance,
with significant investments globally. We conduct a systematic review of 851 records and …

We seek to contribute to understanding index fund stewardship by providing a
comprehensive theoretical, empirical, and policy analysis of such stewardship. We put …

In the past few years, millions of investors have abandoned actively managed mutual funds
(active funds) in favor of passively managed funds (passive funds). This past year alone …

We test the empirical validity of a claim that has been playing a central role in debates on
corporate governance—the claim that interventions by activist hedge funds have a negative …

Hedge fund activism has increased almost hyperbolically. Although some view this trend
optimistically as a means for bridging the separation of ownership and control, we review the …

The canonical account of US corporate governance, which stresses the tension between
dispersed shareholders and company managers in large public firms, has become factually …

In recent years, scholars and policymakers have rediscovered the concept of industrial
districts-spatial concentrations offirms in the same industry or related industries. In this …