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Edmans and Holderness (2017): “Blockholders: A Survey of Theory and Evidence”
Handbook of Economics of Corporate Governance
Holderness (2009): “The Myth of Diffuse Ownership In the United States”
Review of Financial Studies
The Answer to Short-Termism Isn’t Asking Investors to Be Patient (Alex Edmans)
- What matters for effective shareholder governance is the size of a shareholder’s stake, not its holding periodBetter Shareholder Stewardship Is the Key To Greater Productivity (David Walker)
- The role of large, engaged shareholders in improving investor stewardship, and in turn, firm performance