undefined | Better HN

0 pointswhack7y ago0 comments

Index funds don't discriminate against stocks, but they can discriminate against directors and executives who don't deliver their desired profits and returns. Ie, by voting them out. This is already starting to happen. See: https://www.barrons.com/articles/passive-investors-are-the-n...

0 comments

scott_s7y ago

I mostly read about passive firms voting more on special issues like climate change or good governance. Where did they they talk about voting out directors who didn’t deliver profits? (Honest question, I mostly read the article, then came back to it and hit a paywall.)

whackOP7y ago

> Michelle Edkins, BlackRock’s global head of investment stewardship. “It’s not just about climate. It comes back to the point of governance as a lens, and when it’s not serving shareholder interests, it’s a flag.”

j / k navigate · click thread line to collapse

0 pointswhack7y ago0 comments

0 comments

scott_s7y ago

whackOP7y ago

j / k navigate · click thread line to collapse