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With equity ownership's increasingly outsized influence on corporate governance, Nathan Atkinson and Yale Law School's Jonathan Macey have found that simple proportional mirror voting fails to achieve outcome neutrality. And they have proposed an alternative: buff.ly/iuPptDb #FridayReads
Mirroring the Market: Passive Voting and Outcome Non-Neutrality
As equity ownership becomes increasingly concentrated in index funds, concerns have grown over their outsized influence on corporate governance. Mirror ...
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University of Wisconsin Law School