A study by Dr Oğuzhan Karakaş and Professor Elroy Dimson on coordinated engagements is featured in the article. The study found that “engagement is much more likely to be successful if investors – and large investors in particular – coordinate their efforts.” When a company responds to engagement they get better returns – “on average by 8.6 per cent for corporate governance issues and 10.3 per cent for climate change matters.”
Read the full article [yourmoney.com]
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