Institutional Investors To Participate In The Governance Of Listed Companies

Generally, it is an important marking of a mature capital market that the development and maturity of the institutional investors. Since the 80th of 20 centuries, along with development of the institutional investors, Institutional Investor Activism rose in the capital market of western developed countries regarding the United States as the representative. Institutional investors played more and more important role in corporate governance by positive activity, not only made itself win enormous income and quick development, but also effectively impelled corporate governance to be perfect. Currently, securities market of our country is at the stage of development, the faultiness of corporate governance has been a big obstacle to hold up its progress for long time. In recent years, along with quickly expanding, the institutional investors become more and more active in sticking up for their rights and obtaining long-term investment income through participating the governance of listed company. It has doubtless important realistic meaning for securities market or listed company to make the construction of listed company governance more perfectly, with the experience of the western capital market, to impel institutional investors to participate corporate governance.The first part of the thesis introduced the conception, type and development of the institutional investors in western country. The second part introduced the practice and the related theories of the institutional investors abroad to participate corporate governance. The third part introduced the development and present status of the institutional investors in our country, and analyzed their practice of participating listed company governance and real obstacle dose exists, and finally expressed my own conclusion of how to promote the institutional investors' participating listed company governance in our country by experience of western capital market.