Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Tuesday, June 5, 2007

Union's Study of Mutual Funds Show Support for Management on Compensatiion

A study of the twenty-nine largest mutual fund complexes shows that funds supported 75.8% of management proposals involving executive compensation in the twelve months ending June 2006.  The results of the study, conducted by the American Federation of State, County and Municipal Employees, are consistent with the previous year's.  See WSJ, Mutual Funds Keep Backing Firms on Pay.

http://lawprofessors.typepad.com/securities/2007/06/unions_study_of.html

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