Governance geeks out there may have noticed my mini obsession with the rising average vote against resolutions seeking authority to hold meetings on short notice. The average vote against is higher than that on director elections or auditor appointments which I think is, frankly, barking.
It is also obviously being driven by overseas investors, as my own trawling of asset manager websites suggests that UK institutions vote for this type of resolution. However, I have (finally) been able to find an institution that does vote against them - Morgan Stanley.
More tedious voting data related titbits to come....!
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