The comment on Article 3g sheds light on the rationales for imposing
duties on institutional shareholders focusing on corporate
governance aspects, in particular the crucial role that
institutional investors must play to contribute to the long-term
viability and to the corporate governance of investee companies. In
particular, the comment develops article 3g’s engagement policy
duties applicable to institutional investors and asset managers.
Furthermore, the comment discusses a series of challenges for
national market actors in the light of the lack of familiarity,
awareness, and demand for shareholder stewardship that may be
characteristic in some countries. Finally, the comment discusses the
extent of the transparency requirements according to which
institutional investors and asset managers have to disclose
information on the engagement practices, which may have a positive
impact on the relationship between investors, investee companies,
and civil society.
You are not authenticated to view the full text of this chapter or article.
Get access to the full article by using one of the access options below.