Morgan, Angela; Poulsen, Annette; Wolf, Jack; Yang, Tina - In: Journal of Corporate Finance 17 (2011) 4, pp. 914-928
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...