In the past five years, thanks to growing public pressure, there has been increased attention on the voting behavior of asset managers. As a result, change is already taking place.
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Articles by Mikael Homanen:
Depositors Disciplining Banks: The Impact of Scandals
Can depositor activism make a real difference? New research set to be presented at the upcoming Stigler Center Political Economy of Finance conference examines the Dakota Access Pipeline controversy and similar events and suggests that banks see significant decreases in deposit growth after experiencing environmental, corruption, and tax evasion scandals.
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