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Why has institutional investors' influence grown so much in recent years?Discuss the role of institutional investors in corporate governance using the example of Legal and

Why has institutional investors' influence grown so much in recent years?Discuss the role of institutional investors in corporate governance using the example of Legal and General*, one of the largest institutional investor in the UK. Discuss briefly 3 examples of companies they have invested in, where they have actively participated in influencing change.

(*https://www.lgim.com/uk/en/capabilities/investment-stewardship/active-ownership/).

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