The ownership of major blocks of stock by institutional investors has resulted in all of the following EXCEPT:
A) making CEOs more accountable for their performance.
B) challenges to the decisions of boards.
C) focusing attention on ineffective boards of directors.
D) a direct effect on firm performance.

Question

Quizplus · Accepted Answer

Institutional investors owning major blocks of stock often influence corporate governance by holding CEOs and boards accountable, but their ownership does not directly affect firm performance.

The Ownership of Major Blocks of Stock by Institutional Investors