Since institutional investors own a large percentage of shares in many corporations they may have the ability to vote large blocks of shares in order to:

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18-01-2022
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Since institutional investors own a large percentage of shares in many corporations they may have the ability to vote large blocks of shares in order to:

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Parrain Parrain · Answer 1 · 2022-01-26T12:00:07+01:00

As a result of Institutional Investors having so many shares, they are able to remove some or even all of the members of the Board.

Who are Board members?

People chosen to represent the shareholders by overseeing the affairs of management.
They are voted in by shareholders.

Institutional Investors such as Mutual Funds, own so much stock in companies that their vote can remove board members. With enough influence and voting strategy, they could even remove the entire Board.

Find out more on Board of Directors at https://brainly.com/question/728335.