![](https://clsbluesky.law.columbia.edu/wp-content/uploads/sites/2/2022/12/geng-e1671471276307.jpeg?w=150)
![](https://clsbluesky.law.columbia.edu/wp-content/uploads/sites/2/2022/12/hau-e1671471348727.png?w=150)
![](https://clsbluesky.law.columbia.edu/wp-content/uploads/sites/2/2022/12/michaely-e1671471407341.png?w=150)
![](https://clsbluesky.law.columbia.edu/wp-content/uploads/sites/2/2022/12/binh-e1678033999136.jpg?w=150)
Institutional Directors: Do They Matter?
Over the last two decades, the dramatic increase in institutional investors’ ownership of rival companies has raised questions about collusive corporate policies.[1] However, it is still unclear how common shareholders engage with and influence corporate decision-making, especially when it …