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- W2371538362 abstract "Corporate governance aroses from solving the principle-agent problems caused by the separation of the owner-ship and management,the shareholders activism mainly led by the pension funds arising in the early 1990s in US will be able to partly solve these problems.However,there are some differences in the degree of participating in the corporate governance between public pension funds and private pension funds.Besides,there are some inherent principle-agent problems in those funds too.This paper also concisely depicts the traits of the shareholders activism nowadays which indicates that the modern corporate governance is being on the access to the new phase characterized by the institutional investors' capitalism model." @default.
- W2371538362 created "2016-06-24" @default.
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- W2371538362 date "2005-01-01" @default.
- W2371538362 modified "2023-09-25" @default.
- W2371538362 title "Pension Funds Activism and Corporate Governance" @default.
- W2371538362 hasPublicationYear "2005" @default.
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