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The New Power Brokers: The Rise of Asset Manager Capitalism and the New Economic Order - Softcover

 
9783031647321: The New Power Brokers: The Rise of Asset Manager Capitalism and the New Economic Order
  • PublisherPalgrave Macmillan
  • Publication date2024
  • ISBN 10 3031647327
  • ISBN 13 9783031647321
  • BindingPaperback
  • LanguageEnglish
  • Number of pages176

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ISBN 10: 3031647327 ISBN 13: 9783031647321
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ISBN 10: 3031647327 ISBN 13: 9783031647321
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Paperback. Condition: new. Paperback. Over the course of the last 70 years, asset managersfrom activist hedge funds to large passive index fund providershave come to own the substantial majority of corporate equities in the United States, and have wielded that ownership to fundamentally reshape the economy. For most of American history, investing was simple: you purchased shares and left the operation of the company to management. If you were dissatisfied with the firms performance, you sold your shares. With the rise of asset managers, shareholders now attempt to directly change the companies in which they invest.The New Power Brokers chronicles the economic, legal and technological changes at the heart of this transformation in our public markets, and provides fresh perspectives on what those changes mean for corporations, investors and society as a whole. But in the absence of the robust civic and regulatory institutional framework that undergirded the New Deal era economic order, new self-styled ESG funds and large global asset management firms have come to fill the vacuum and define the new stakeholder capitalism agenda to reflect their particular institutional interests and limitations. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9783031647321

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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Over the course of the last 70 years, asset managers from activist hedge funds to large passive index fund providers have come to own the substantial majority of corporate equities in the United States, and have wielded that ownership to fundamentally reshape the economy. For most of American history, investing was simple: you purchased shares and left the operation of the company to management. If you were dissatisfied with the firm's performance, you sold your shares. With the rise of asset managers, shareholders now attempt to directly change the companies in which they invest.TheNew Power Brokerschronicles the economic, legal and technological changes at the heart of this transformation in our public markets, and provides fresh perspectives on what those changes mean for corporations, investors and society as a whole. 161 pp. Englisch. Seller Inventory # 9783031647321

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