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The 70:20:10 Rule of Board Learning by Debra Beck
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How to Fix Unhealthy Concentration of Corporate Voting Power


The popularity of index and other mutual funds, combined with the current rules for voting shares of stock, has had an unexpected ill effect: concentration of corporate voting power in the hands of a few giant asset management companies. Nobody did or would intend this outcome. Fortunately, the voting rules can be changed. A great way for the SEC to start 2019 would be to take on and then fix this threat...

Mentions: Management State Street Vanguard