Critically discussed, corporate governance is too narrowly defined as shareholder oversight and internal mechanisms of a company. In the current environment, more and more investment organisations are switching to passive investments such as ETF funds, complex asset portfolios and other approaches. How does this affect the role of shareholder oversight and monitoring in corporate governance, presenting a critical argument, illustrating the argument with a simple example. And suggest what changes should be made as a result from a critic’s point of view?
Write a 2,200 word essay on this topic (excluding quotations), with appropriate references to around 20-25 pieces of literature to support the argument. Organise using headings, sections and paragraphs as appropriate.
Suggested content: this should include a statement of the question raised (theoretical support, mechanisms and external factors), a discussion of the question (its role and impact, tracking causes and progress, its theoretical references, recommendations and critical evaluation), and a summary of the argument.