This study investigates whether the stewardship code mitigates the free-rider problem of institutional investors. We construct panel data of listed firms in 56 countries and examine the effects of the ...

Nguyen, Trang T., and Charles CY Wang. "Stewardship Codes and Shareholder Voting on Disputed Ballot Measures." Harvard Business School Working Paper, No. 20-035, September 2019.

The Aotearoa New Zealand Stewardship Code is expanding to include investment service providers, a move aimed at further strengthening New Zealand’s stewardship activity and increasing alignment ...