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Mutual Funds as Monitors: Evidence From Mutual Fund Voting
SSRN Electronic Journal, 2009Abstract We address how mutual funds vote on shareholder proposals and identify factors that help determine support of wealth-increasing shareholder proposals. We examine 213,579 voting decisions made by 1799 mutual funds from 94 fund families for 1047 shareholder proposals voted on between July 2003 and June 2005.
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