Sagone, Giulia (A.A. 2024/2025) Shareholder activism and institutional investors. Tesi di Laurea in Law and economics (corporate and business law: antitrust and regulation), Luiss Guido Carli, relatore Pierluigi Matera, pp. 78. [Bachelor's Degree Thesis]

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Abstract/Index

Activism on rise. Recent proxy seasons and new sec regulations. “AI activism” and technological contributions. Blockchain-based system as a revolution of the AGM. New equilibrium of powers between shareholders and directors. The increasing concentration of investment capital. The rise of institutional investors. Indexing: causes and implications. The big three: BlackRock, vanguard and state street global advisors. Passive ownership dilemma and institutional reticence. Agency capitalism. The concept of stewardship. Blackrock voting choice program. Proxy advisory and AI as a solution to voting standardization. An unproportional distribution of ownership and control. Dual class share structure. Facebook. Legal framework and regulatory landscape. Benefits and drawbacks of unequal voting rights. Dual class shares influence on shareholder’s say. Sunset provisions. Twin forces against the growing prevalence of dual class share structures. Activists and institutional investors engagement. Engine no.1 ExxonMobil. Dual class share structure and institutional investors: maximizing their own interest.

References

Bibliografia: pp. 66-77.

Thesis Type:	Bachelor's Degree Thesis
Institution:	Luiss Guido Carli
Degree Program:	Bachelor's Degree Programs > Bachelor's Degree Program in Economics and Business, English language (L-33)
Chair:	Law and economics (corporate and business law: antitrust and regulation)
Thesis Supervisor:	Matera, Pierluigi
Academic Year:	2024/2025
Session:	Summer
Deposited by:	Alessandro Perfetti
Date Deposited:	04 Dec 2025 16:28
Last Modified:	04 Dec 2025 16:28
URI:	https://tesi.luiss.it/id/eprint/44254

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