2011 PROXY SEASON ANALYSIS: Mutual Fund Support Reaches a New High in 2011 (docx)
Mutual funds’ support for corporate political spending disclosure reached a new high in 2011. Average percent of votes cast by 40 of the largest U.S. mutual fund firms FOR the 32 Center for Political Accountability (CPA) model political spending resolutions moved up to 34%, compared with votes cast AGAINST or ABSTAIN. This continues an eight-year…