RE: Need Only 17 Steem to reach 1000 SP | #Club5050 #Club75
Hi. Greetings.
This week I have selected two documents. As you have instructed to find info on how influential Blackrock is on behalf of the real shareholder as Blackrock is just an asset manager. I have searched using every keyword to find a suitable document for the last few days. Eventually didn't find any specific suitable documents according to the keywords. I searched through primarily duckduckgo and google.
Found one of the whitepapers published by the BlackRock corporate section recently 'Asset managers of scale give voice to investors and support the economy'. It contains asset management at the scale that delivers value for society and the economy, stewardship promotes the interests of shareholders, stewardship by asset managers provides a useful minority voice, and what if asset managers didn’t engage in investment stewardship.
Here is the document link:
https://www.blackrock.com/corporate/literature/whitepaper/viewpoint-asset-managers-of-scale-give-voice-to-investors-and-support-the-economy-december-2020.pdf
Another document is 'The New Money Trust: How Large Money Managers Control Our Economy and What We Can Do About It'. This document is pointing to the 'Big Three' Vanguard, BlackRock, and State Street.
Here is the document link:
https://www.economicliberties.us/wp-content/uploads/2020/11/Working-Paper-Series-on-Corporate-Power_8_FINAL.pdf
I have uploaded the two documents to our main Google Drive file:
https://drive.google.com/drive/folders/1sk4kfCca9MsKIx-JYTUHzLVBCwrY__x_