The power of shareholders has intensified in recent years because of the
A) decreasing influence of large institutional investors.
B) increasing influence of large institutional investors.
C) decline in the number of interested institutional investors.
D) increasing influence of small individual investors.

Question

Quizplus · Accepted Answer

The power of shareholders has intensified in recent years because of the increasing influence of large institutional investors such as mutual funds (e.g., T. Rowe Price and Fidelity Investments) and retirement systems such as TIAA-CREF (for university faculty members and school administrative staff). Institutional investors hold over 50 percent of all listed corporate stock in the United States.

The Power of Shareholders Has Intensified in Recent Years Because