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Nov 06, 2017

Let index funds have a say on governance

As long-term shareholders, the voices of index shareholders should be heard
It has recently been highlighted that proxy voting by index funds such as most mutual and electronically traded funds is a serious problem for corporate governance. We agree wholeheartedly – but we disagree just as wholeheartedly with a proposed solution: barring

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Ira Millstein

Senior partner, Weil, Gotshal & Manges LLP and founding chair of the Ira M. Millstein Center for Global Markets and Corporate Ownership at Columbia Law School