Critically discuss how institutional investors play their roles in corporate governance, and the motivations behind their moves. Which corporate governance mechanism is more viable for institutional investors? Required Papers: Jahnke, P. (2019). Ownership concentration and institutional investors' governance through voice and exit. Business and Politics, 21(3), 327-350. McCahery, J. A., Sautner, Z., & Starks, L. T. (2016). Behind the scenes: The corporate governance preferences of institutional investors. The Journal of Finance, 71(6), 2905 -2932