Research conducted by Dirk Schoenmaker, Professor of Banking and Finance, and Abe de Jong, Professor of Corporate Finance and Corporate Governance, both from RSM has been mentioned in an article. Their research, "Large shareholders in corporate governance ", found that shareholders who hold at least five per cent of a firm’s shares are more likely to act as a steward to the company and create long-term value than shareholders who hold fewer shares. Yet, in 2016 such blockholders collectively only owned 24.1 per cent of shares, down from 34.6 per cent in 2006.