Institutional Shareholders and Corporate Governance : Oxford University Press : 9780198260882 : 0198260881 : 11 Jul 1996 : This book examines the role of institutional shareholders in corporate governance, which is the system by which companies are directed and controlled. This is a subject of great concern to public companies, their management, their shareholders and their employees. The recent concern about the effectiveness of corporate governance in a number of different countries has produced an outpouring of books and other publications including the Report of the Cadbury Committee in the UK. The unusual feature of this book is that it compares the system of corporate governance operating in Australia with that operating in the UK, while at the same time also looking carefully at US, German and Japanese experiences. The significance of the subject matter of this book lies in the fact that institutional investors collectively hold a very large proportion of the equity capital of t