Tuesday, January 10, 2006

Funds Ranked on Support for Corporate Governance Proposals in 2005


The Corporate Library is soon to release a report on the voting behaviour of 45 large mainstream and socially responsible investment (SRI) funds over the two years that funds have been required by the SEC to publicly report their proxy voting.

The table below ranks 43 of these fund families on their level of support for Corporate Governance-related shareholder-sponsored resolutions as reported in their 2005 proxy voting records ('N-PX' Filings).

The six most supportive fund families (who may be termed the most 'activist' funds on governance issues) are all SRI funds.

See full Article.