Monday 28 May 2007

More US union voting research

The US unions were the first ones to start scrutinising how fund managers exercise their shareholder voting rights. Initially this was via the AFL-CIO's Key Votes Survey. But since mandatory voting disclosure for mutula funds was introduced the reports have become more specialised. See for example this report on exec pay votes by AFSMCE. Now the Change To Win Investment Group (the activist investor arm of the splinter union fed in the US) has produced a similar report. Click on the link that reads 'Rubberstamping the Agents of Excess' on their front page.

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