03588nam a22005295i 4500 978-3-031-64733-8 DE-He213 20251030112921.0 cr nn 008mamaa 240830s2024 sz | s |||| 0|eng d 9783031647338 978-3-031-64733-8 10.1007/978-3-031-64733-8 doi HG1501-3550 KNST bicssc BUS070140 bisacsh KFF thema Moarefy, Sahand. author. aut http://id.loc.gov/vocabulary/relators/aut 83209 The New Power Brokers [electronic resource] : The Rise of Asset Manager Capitalism and the New Economic Order / by Sahand Moarefy. 1st ed. 2024. Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2024. XI, 163 p. 1 illus. online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Introduction -- Chapter I: The Early American Corporation -- Chapter II: Adolf Berle and the Modern Corporation -- Chapter III: The Rise of Asset Manager Capitalism -- Chapter IV: The Emergence of the Shareholder Primacy Paradigm -- Chapter V: The New Stakeholder Capitalism and ESG -- Chapter VI: The ESG Report Card and Rise of Private Markets -- Chapter VII: Asset Manager Capitalism and the Energy Industry -- Chapter VIII: Institutional Setup of Today’s Asset Managers -- Chapter IX: The Post-ESG World and a Roadmap for the Future -- Chapter X: A New Stewardship Framework. Over the course of the last 70 years, asset managers⸺from activist hedge funds to large passive index fund providers⸺have come to own the substantial majority of corporate equities in the United States, and have wielded that ownership to fundamentally reshape the economy. For most of American history, investing was simple: you purchased shares and left the operation of the company to management. If you were dissatisfied with the firm’s performance, you sold your shares. With the rise of asset managers, shareholders now attempt to directly change the companies in which they invest. The New Power Brokers chronicles the economic, legal and technological changes at the heart of this transformation in our public markets, and provides fresh perspectives on what those changes mean for corporations, investors and society as a whole. Sahand Moarefy is a corporate attorney and writer. His work has been featured in various publications, including Foreign Affairs, Lawfare, The Diplomat and American Affairs. Sahand splits his time between Los Angeles and New York City. . Financial services industry. 60413 Economics. 58354 Business enterprises Finance. 58021 Corporate governance. 57663 Financial Services. 69064 Political Economy and Economic Systems. 70994 Corporate Finance. 57278 Corporate Governance. 57663 SpringerLink (Online service) Springer Nature eBook Printed edition: 9783031647321 Printed edition: 9783031647345 https://doi.org/10.1007/978-3-031-64733-8 ZDB-2-ECF ZDB-2-SXEF 62870 62870