Resumen

ARCUDIA HERNANDEZ, Carlos Ernesto. The activism of institutional investors in the big companies governance. Contad. Adm [online]. 2012, vol.57, n.4, pp.35-54. ISSN 0186-1042.

The movement of Corporate Governance has proposed a series of measures which tend to solve the problems of separation between control and management of the joint-stock companies-the agency problems. The present article analyzes the activism of institutional investors as a control medium for the administration of dispersed capital companies. Institutional investors in the United States have acted through both an extra organic route and an organic one to control that country's big companies management. Although this activism is a possible solution, the capital structure of big Mexican joint-stock companies and the interests of institutional investors make their action in our country somewhat difficult.

Palabras llave : corporate governance; institutional investors; contractualism; institutionalism; corporate activism.