Sep
25
Your Mutual Fund Has Your Proxy, Like It or Not
ByDo you think executive compensation is out of control or that a company should have to disclose its political contributions?
If so, you may also think that your mutual fund should vote on these and other issues in accordance with your beliefs. Good luck with that.
As investors, we are supposed to be able to sound off on corporate governance matters at the companies whose shares we own. We do so by voting on the issues when they arise at a company’s annual shareholders’ meeting…