The Separation of Ownership from Ownership: Concerns Arising from Institutional Investors as Intermediaries

Institutional ownership of corporate stock has grown rapidly. This report focuses on the issues associated with the so-called “separation of ownership from ownership,” arising from the growth of three types of institutional investors (pensions, mutual funds, and hedge funds) and the resulting concerns about the consequences of intermediation and the role of institutional investors and other financial intermediaries in the corporate governance process.

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Director Notes (12 pgs)
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