Prethodno priopćenje
https://doi.org/10.55539/jesd.9.1.5.
Corporate Governance and Institutional Investors: Why are They Important?
Ivana Djundjek Kokotec
; University of Zagreb, Faculty of Organization and Informatics, Pavlinska 2, Varaždin, Croatia
Sažetak
The goal of this paper is to analyze the involvement of institutional investors in the corporate governance of
companies in their portfolio by analyzing characteristics of institutional investors concerning the type of
investment, investment time horizon, and degree of involvement in the process of managing a company.
Starting from the deductive approach, the method of description, compilation, and classification is applied in
this review paper, which describes and groups the previous theoretical and empirical research. Main findings
indicate that institutional investors are involved in the corporate governance of their portfolio companies and
that control mechanisms they use include voting rights at general assembly meetings, direct communication
with the management to discuss strategies for future development, and collaboration with other institutional
investors in the ownership structure. The theoretical contribution of this paper is an extensive, critical, and
systematic review of existing theoretical and empirical findings from the domain dealing with the impact of
institutional investors on the corporate governance of companies, and identifying key future opportunities to
advance knowledge in this field.
Ključne riječi
Corporate Governance, Corporate Governance Mechanisms, Institutional Investors
Hrčak ID:
275102
URI
Datum izdavanja:
31.3.2022.
Posjeta: 647 *