1. Small Investors Punch Above Their Weight When it Comes to Improving Corporate Governance

    Small Investors Punch Above Their Weight When it Comes to Improving Corporate Governance

    In a U.S. stock market dominated by just three major asset management companies, a rising role for small investors has the potential to turn assumptions about corporate governance and market discipline on their heads. Retail shareholders in public companies have long been held the reputation of being uninformed rabble-rousers, distractions at best and saboteurs at worst. But academic research suggests small-time stock owners have exercised oversight in ways that complement, not just combat, the influence of bigger market players...

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