Most PMs tend to ignore much of the current governance scene, and that's ok. It gets pretty arcane and wonky, and feels quite distant from the usual job of researching, picking, and trading winning stocks.
The Shareholder Rights Project at Harvard Law School is a little different. Lately it has concerned itself with an important governance problem, that of classified or staggered BoD terms, with significant impact and benefit to all investors. We just received their year-end update, so we thought we'd explain what it does and why it matters.
We discuss the SRP, including its eight institutional investor supporters and its recent successes, in a current blog post.
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