Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Steal These Proxy Voting Guidelines Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, June 19, 2003

Steal These Proxy Voting Guidelines

by: Sean Hanna, Editor in Chief

Fund boards seeking a model for their proxy voting guideline can steal a page from Calvert Funds (literally). The one catch is the voting guidelines will work best for funds following a socially conscious investing mandate.

Calvert, which manages some $9 billion in fund assets, is offering up its proxy voting guidelines on its Web site as a model to other fund firms. The Bethesda, Maryland-based fund firm first adopted the guidelines for its own funds in September of 2000. It just finished revising them in response to the SEC's new proxy disclosure rules.

"We’ve re-designed our Proxy Voting Guidelines to better promote and achieve this integration of good governance and social responsibility on the part of the companies we invest in on behalf of our shareholders," said Barbara J. Krumsiek, president & CEO of Calvert.

Krumsiek is encouraging other mutual funds and institutional investors to adopt the model laid out by Calvert in the hope that the guidelines will "encourage good governance and social responsibility on the part of corporations."

The guidelines contain detailed proxy-voting policies on board elections, composition and governance; executive compensation and stock ownership; mergers, acquisitions and takeovers; workplace, environment, and human rights issues; product safety and impact; indigenous peoples’ rights; and community interactions.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use