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Democratizing Pension Funds - 9780774813976

Un libro in lingua di Davis Ronald B. edito da Univ of Washington Pr, 2008

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Those participating in pensions are generally assumed to be a passive lot, making no noise about the holdings of the fund or the impact those holdings have on the economy or society. Davis (law, U. of British Columbia) points out that pension funds hold a significant number of shares of the world's largest corporations and therefore have a great deal of power over those corporations' governance. He examines the status of participants in pension funds as owners of shares, explains the effects of securities regulation on corporate governance by pension funds, and delineates corporate law's opportunities and limitations for the funds' participation in corporate governance. He advocates making use of the power available to participants/owners in these funds, concluding that the funds must be accountable to plan members for using that power to enhance corporate environmental, social and governance performance. Distributed by UTP Distribution. Annotation ©2008 Book News, Inc., Portland, OR (booknews.com)

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