December 2, 2016 7:24 pm

Index Funds Are Improving Corporate Governance

Index Funds

What happens when index funds run Corporate America? Hedge fund activist Bill Ackman posed that question recently in his fund’s annual letter to investors. It’s a really good one. No one knows what consequences the boom of passive investment funds will have for the corporations they own. It’s something my coauthors and I explore in […]

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