ESG
Business & Economics
The Law of Unintended Consequences: The Case of Proxy Advisory Firms
The SEC requires all institutional investors to vote on all matters put forth in proxy statements, or the measures voted on during shareholder meetings. For most institutional investors, keeping up with all of these issues is not feasible, so they turn to proxy advisory firms. Proxy advisory firms help institutional ...
Blog
PRI Calls for Reform to Disclose Proxy Advisory Firm Biases in Activist Investment Push
Argues That SEC Should Ensure Shareholder Interests Are Top Priority in Investment Decisions SAN FRANCISCO – Policy reforms should be enacted to ensure that proxy advisory firms promote fund managers’ fiduciary responsibilities to shareholders and increase transparency over the firms’ biases and conflicts of interest, the Pacific Research Institute argued ...
The Law of Unintended Consequences: The Case of Proxy Advisory Firms
The SEC requires all institutional investors to vote on all matters put forth in proxy statements, or the measures voted on during shareholder meetings. For most institutional investors, keeping up with all of these issues is not feasible, so they turn to proxy advisory firms. Proxy advisory firms help institutional ...
PRI Calls for Reform to Disclose Proxy Advisory Firm Biases in Activist Investment Push
Argues That SEC Should Ensure Shareholder Interests Are Top Priority in Investment Decisions SAN FRANCISCO – Policy reforms should be enacted to ensure that proxy advisory firms promote fund managers’ fiduciary responsibilities to shareholders and increase transparency over the firms’ biases and conflicts of interest, the Pacific Research Institute argued ...
