Essential Steps to Close the ‘Stewardship Deficit’
Financial Times, June 2012
2 Pages Posted: 18 Jul 2012
Date Written: 2012
In this opinion piece, we argue that value-adding engagement by investment managers could be enhanced through 1) relatively small portfolios, 2) use of performance measures that are sufficiently long-term as to permit stewardship efforts to bear fruit, and 3) appropriate rewards for outperformance.
Keywords: Corporate governance, stewardship, institutional investors
JEL Classification: G34
Suggested Citation: Suggested Citation