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Carroll School of Management Graduate Programs

Professor Appel Challenges the Notion of Passive Investors Wielding Little Influence In the Marketplace

Professional picture of professor Appel

Assistant Professor of Finance Ian Appel is the co-winner of a research competition for his jointly authored paper challenging the idea that so-called passive investors wield little influence in the marketplace. 

Appel, along with Wharton School of Business faculty members Todd Gormley and Donald Keim, were recognized by the Investor Responsibility Research Center Institute, which said their work “has the potential to reshape investor thinking.” The paper is forthcoming in The Journal of Financial Economics. Read the BC News article.