Very thoughtful, but the question remains: how to give the real end-investor the opportunity to influence proxy voting. Should investors - hoders of mutual funds, pension fund beneficiaries etc - be allowed to choose between different proxy advisors (a bit like supporting a political party)? Let us know your opinion on this!
Blackrock comment to SEC
(11-Dec-2018)
Proxy advisory firms have arisen due to market failures underlying voting
and the broader system of corporate governance. However, proxy advisory
firms, wh...
2 hours ago
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