A Rare Corner of Finance Where Women Dominate
Jan 16, 2017 12:00 PM ET
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A Rare Corner of Finance Where Women Dominate
Originally published on The New York Times.
Seven of the 10 corporate governance heads at the largest institutional investors are women, according to data compiled by The New York Times. Those institutional investors manage $14 trillion in assets. And the women overseeing their corporate governance groups decide how those investors will vote on a range of companies' environmental, social, and governance issues raised among shareholders.
Their behind-the-scenes approach contrasts with noisy activist investors, as they work with the management at America’s largest companies to advocate for shareholder rights.