RE: Need Only 17 Steem to reach 1000 SP | #Club5050 #Club75
Greetings @greenman. How are you?
Last week's document that I have gone through is "Hidden Power of the Big Three? Passive index funds, re-concentration of corporate ownership, and new financial risk published by Jan Fichtner*, Eelke M. Heemskerk, and Javier Garcia-Bernardo in the year 2017 (probably). I have found the document at https://www.cambridge.org/
Here is the source link of the document:
https://www.cambridge.org/core/services/aop-cambridge-core/content/view/30AD689509AAD62F5B677E916C28C4B6/S1469356917000064a.pdf/hidden-power-of-the-big-three-passive-index-funds-re-concentration-of-corporate-ownership-and-new-financial-risk-.pdf
This document's google drive folder link:
https://drive.google.com/drive/u/0/folders/1lisZ0effIbS_UPeOgNssAWwdcyXQZN8M
And our google drives all documents folder:
https://drive.google.com/drive/u/0/folders/1sk4kfCca9MsKIx-JYTUHzLVBCwrY__x_
This document is related to BlackRock, Vanguard, and State Street. The passive index fund, asset management, power of passive asset managers, power position of the Big Three in the
network of corporate ownership, combined ownership, voting strategy, Structural power of passive investors. The document reflected on anticompetitive effects that come with the rise of
passive asset management, which could have negative consequences for economic growth and even for economic equality.
In addition, I have a question, is there any major difference between the global ownership and common ownership in the corporate shareholders?
Thank you so much for supporting me financially and also educationally.