Investment is no longer a matter of individual savers directly choosing which shares or bonds to buy. Rather, most of their money flows through a 'chain': an often extended sequence of intermediaries. What goes on in that chain is of huge importance: The world's investment managers, who are now...

Investment is no longer a matter of individual savers directly choosing which shares or bonds to buy. Rather, most of their money flows through a "chain": an often extended sequence of intermediaries. What goes on in that chain is of huge importance: The world's investment managers, who are now...

Investment managers use financial numbers to assess the quality of their portfolios, which requires them to estimate the market value of their assets-i.e., the priced trading of such assets. Prior research has shown that investment managers tend to disregard information that does not easily...

Purpose – This chapter investigates the role of enabling organizations in the processes whereby institutional investors collectively influence corporate managers on Environmental, Social and Governance (ESG) issues. We develop a framework combining stakeholder and collective action theory to...