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Sep 30, 1998

Clout and control

The concentration of US equity ownership

US institutional investors now control about 60 percent of the outstanding stock of the largest 1,000 US corporations. Data from The Conference Board show, however, that control is more and more concentrated among the largest 25 institutions. At the end of 1997, institutional investor control of the largest 1,000 US corporations had risen to 59.9 percent - up from 46.6 percent in 1987. The high concentration commonly seen today was rare in the US ten years ago. In 1987, only 10.7 percent of

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Carolyn Brancato

Dr Carolyn Kay Brancato is director of the Conference Board's Global Corporate Governance Center
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