Managerial Participation by Pension Funds and Other Financial Institutions

Abstract

Pension funds are rapidly acquiring voting control of UK quoted companies. Who, if anybody, should have the legal right to use the votes attached to pension fund shareholdings — pension fund managers, employees, employee representatives, members of the TUC, members of the Government, civil servants, or perhaps members of a stakeholders' council? This article sketches a few scenarios.

Citation

Cuthbert, N. and Dobbins, R. (1980), "Managerial Participation by Pension Funds and Other Financial Institutions", Managerial Finance, Vol. 6 No. 3, pp. 43-48. https://doi.org/10.1108/eb013475