We show that there is cross-sectional variation in the quality of shareholder proposals. On
average, proposals submitted by the most active individual sponsors are less likely to …

Purpose This paper aims to examine the stewardship practices of BlackRock, one of the
world's biggest index managers, to highlight a tension and contradictions associated with …

Abstract Research Question/Issue In this paper, we examine the effects of share lending or
recall on proxy voting, with a particular focus on the role of index funds. Research …

Do exchange‐traded funds (ETFs) influence corporate cash holding decisions? Consistent
with reduced managerial learning from the stock market and increased uncertainty due to …

Financial indices are playing an increasingly important role. Trillions of euros of assets
under management of financial products are linked to them, and this continues to rise. They …

This study empirically examines the association between time constraints for voting
decisions and the voting behavior of foreign institutional investors. When investors do not …

We measure the impact of “say on pay”(SoP)–mandatory shareholder votes on top-
management compensation–on the market value of voting rights. By exploiting the …

A presente dissertação versa sobre a estipulação de voto plural na sociedade anónima–um
dos temas centrais do corporate governancemoderno é precisamente o papel, mais ou …

In the last two decades, public outrage on excessive compensation of top managers has led
governments all over the world to strengthen corporate voting rights and empower …

This thesis investigates the consequences of exchange-traded fund industry growth. In
particular, I study the ETF arbitrage mechanism, the impact of ETF trading on international …