The Proxy Voting Revolution: Will Shareholders Regain Control?

New research by Professor Alon Brav shows how 'proxy voting choice' programs, designed to help investors reclaim voting power from asset managers, might fall short

For decades, three giants—BlackRock, Vanguard, and State Street—have quietly cast millions of votes on behalf of everyday investors, influencing how U.S. corporations are run. That power, long taken for granted, is now being contested, potentially triggering one of the most significant shifts in corporate governance in… read more