Passive Investoren Indexbasierte Vermögensverwaltung und die Corporate Governance der Publikumsgesellschaft

• Main Author: Steuer, Sebastian (auth)
• Format: Electronic Book Chapter
• Published: Baden-Baden Nomos Verlagsgesellschaft mbH & Co. KG 2022
• Series: Gesamtes Recht der Unternehmen und Finanzen Band 10
• Subjects: LNPD; Common Ownership, Diversifizierung, Gesellschaftsrecht, Indexfonds, Kapitalmarktrecht, Law & Finance, Corporate Governance, Stewardship, Institutionelle Investoren
• Online Access: DOAB: download the publication; DOAB: description of the publication

The rise of index funds presents a challenge for the corporate governance of listed companies. Based on a comprehensive data analysis, the thesis documents the growing importance of passive asset managers in listed firms' ownership structures. It then explains why the incentives of these manage...