LEADER 03514nam 22006135 450 001 9910886092803321 005 20250807132247.0 010 $a9783031647338 010 $a3031647335 024 7 $a10.1007/978-3-031-64733-8 035 $a(MiAaPQ)EBC31626773 035 $a(Au-PeEL)EBL31626773 035 $a(CKB)34512637000041 035 $a(DE-He213)978-3-031-64733-8 035 $a(EXLCZ)9934512637000041 100 $a20240830d2024 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 14$aThe New Power Brokers $eThe Rise of Asset Manager Capitalism and the New Economic Order /$fby Sahand Moarefy 205 $a1st ed. 2024. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2024. 215 $a1 online resource (169 pages) 311 08$a9783031647321 311 08$a3031647327 327 $aIntroduction -- 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. 330 $aOver 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. . 606 $aFinancial services industry 606 $aEconomics 606 $aBusiness enterprises$xFinance 606 $aCorporate governance 606 $aFinancial Services 606 $aPolitical Economy and Economic Systems 606 $aCorporate Finance 606 $aCorporate Governance 615 0$aFinancial services industry. 615 0$aEconomics. 615 0$aBusiness enterprises$xFinance. 615 0$aCorporate governance. 615 14$aFinancial Services. 615 24$aPolitical Economy and Economic Systems. 615 24$aCorporate Finance. 615 24$aCorporate Governance. 676 $a332.620973 700 $aMoarefy$b Sahand$01771257 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910886092803321 996 $aThe New Power Brokers$94257981 997 $aUNINA