O conflito entre os interesses de curto prazo dos investidores institucionais e os interesses de longo prazo dos acionistas
: a sua relação com a sustentabilidade da empresa

  • Joana dos Santos Rodrigues Soares dos Reis (Student)

Student thesis: Master's Thesis


The increasing presence of institutional investors in the market justifies the weighting of the consequences that result from it, not only for the system, but for society in general. Notwithstanding the advantages that these investors have brought to the market, for instance in providing an alternative to bank financing, it is certain that there are records of disastrous outcomes for which the investment policy of these entities are held accountable. The present study focuses, at first, on the reader's contextualization in the negative effects arising from the short-term investment policy. Further, it addresses shareholder activism, which is pointed out as a potential solution for the prevention of those same effects. Finally, the study reflects on alternative solutions that national and international doctrine have thought through.
Date of Award9 Feb 2021
Original languagePortuguese
Awarding Institution
  • Universidade Católica Portuguesa
SupervisorArmando Triunfante (Supervisor)


  • Institutional investor
  • Minority shareholder
  • Shareholder activism
  • Long- term engagement
  • Loyalty share


  • Mestrado em Direito

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