The Article offers some reflections on the relation between the increasing prominence of large institutional investors, such as index funds, in the corporate governance of public firms, and employee welfare. The Article addresses two intertwined issues: how the growing concentration of public equity ownership in the hands of such institutional investors may have contributed to wage stagnation and the degradation of labor conditions more generally, and how the established presence of such institutional investors as stable, long-term shareholders in today’s public firms might help improving those conditions in the future.

Sergio Gilotta (2021). Index funds and employee welfare: some exploratory insights. ITALIAN LABOUR LAW E-JOURNAL, 14(2), 119-138 [10.6092/issn.1561-8048/14079].

Index funds and employee welfare: some exploratory insights

Sergio Gilotta
2021

Abstract

The Article offers some reflections on the relation between the increasing prominence of large institutional investors, such as index funds, in the corporate governance of public firms, and employee welfare. The Article addresses two intertwined issues: how the growing concentration of public equity ownership in the hands of such institutional investors may have contributed to wage stagnation and the degradation of labor conditions more generally, and how the established presence of such institutional investors as stable, long-term shareholders in today’s public firms might help improving those conditions in the future.
2021
Sergio Gilotta (2021). Index funds and employee welfare: some exploratory insights. ITALIAN LABOUR LAW E-JOURNAL, 14(2), 119-138 [10.6092/issn.1561-8048/14079].
Sergio Gilotta
File in questo prodotto:
File Dimensione Formato  
Gilotta, Index funds and employee welfare: some exploratory insights (ILLEJ, 2021) .pdf

accesso aperto

Tipo: Versione (PDF) editoriale
Licenza: Licenza per Accesso Aperto. Creative Commons Attribuzione (CCBY)
Dimensione 328.46 kB
Formato Adobe PDF
328.46 kB Adobe PDF Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11585/843816
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact