CONTENTS Part IT Shareholder Diversity and Global Empowerment Chapter 8 Managerialism versus Shareholderism: An bxamination Hedge Fund Activism Marguerite Schneider Chapter 9 Religious Organizations as Shareholders: Salience and Empowerment Jennifer Goodman Chapter 10 Angel Investors: Early Firm Owners John Berns and Karen Schnatterly Chapter 11 Privatization and Principal-Principal Conflicts in Transition Economies 239 Conan Mutln, Mike Peng, and Marc van Essen Chapter 12 Institutional Change and Ownership Patterns in Italy Alessandro Zattoni and Francesca Como Chapter 13 Local Repairs in Light of Global Ideals: Corporate Governance Reforms and Firm Ownership around the World Jordan Otten and Marc van Essen J) a Notes on Contributors 223 Index 320