ST Alpha - "There’s probably no possible way it would work from a corporate governance standpoint, but I’ve been entertaining the idea that -- (edited)" (Reading a Post)

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In response to "This is a fascinating thread on the implications of index funds for global policy making -- (link)" by Reagen

There’s probably no possible way it would work from a corporate governance standpoint, but I’ve been entertaining the idea that -- (edited)

Posted by znufrii Dec 2 '20, 05:32

shares held by index funds should not have any voting power at all. You want to invest passively, fine, but you don’t get any say in how the company is run. And nobody actually reads the proxy voting policies funds have to include in their filings anyway.

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You could create a whole bunch of non voting shares like some companies do but then you're making them less attractive on the market -- (edited) - Reagen Dec 2, 06:07 1
- Another fun thing that probably nobody pays attention to, funds are required annually to disclose their proxy voting activity on Form N-PX -- (edited) - znufrii Dec 2, 06:13

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There’s probably no possible way it would work from a corporate governance standpoint, but I’ve been entertaining the idea that -- (edited)

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