Critically evaluate the roles and the effectiveness of institutional investors in corporate governance and firm performance. Support your evaluation by referring to key relevant governance documents (reports, codes, recommendations or/and regulations), academic literature (including at least ONE academic paper published in 2015-2021) and real-life example(s), and possibly other sources. 

Answer rating: 100% (QA)

Abstract Good corporate governance CG is primarily the responsibility of every company and both hard law and soft law should provide a comprehensive corporate governance framework thereby encouraging ... View the full answer