Vanguard’s McNabb urges board engagement with shareholders
Nov 27, 2017
Uptick in issuer engagement has been ‘remarkable’ in last five years but directors need to be involved, CEO says
The growing movement of money from active to passive funds means that boards should more actively engage with shareholders on governance issues, according to Vanguard CEO and chair William McNabb.
Issuer engagement with Vanguard has increased by roughly 20 percent