Ep.123 – Christina Sautter & Sergio Grammito Ricci on Retail Investors

Christina Sautter, professor of law at Louisiana State University, and Sergio Gramitto Ricci, lecturer at Monash University, join the Business Scholarship Podcast to discuss their article Corporate Governance Gaming: The Power of Retail Investors. Sautter and Grammito Ricci identify the rise of wireless investors, a cohort of Millennial and Gen Z investors who seek community and emphasize environmental, social, and governance factors. This new kind of investor is poised to shake up corporate governance, they explain, as seen in the “meme stock” phenomenon and growing retail-shareholder bases at companies favored by wireless investors. This episode is hosted by Andrew Jennings, assistant professor at Brooklyn Law School.