tag:blogger.com,1999:blog-7332340.post112861033746310263..comments2024-02-28T05:22:35.956-05:00Comments on FinanceProfessor.com: Does a "no vote" matter?FinanceProfessorhttp://www.blogger.com/profile/05948754590238007311noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7332340.post-1129251043760806582005-10-13T20:50:00.000-04:002005-10-13T20:50:00.000-04:00The Guercio, Wallis and Woidtke findings do not su...The Guercio, Wallis and Woidtke findings do not surprise me. Institutional investors, presumably have the most voting power, need not spend the time or money fighting battles for a new director. Institutional investors contain a very diversified portfolio and losses due to poor management are easily diversified away. So the question for Institutional investors becomes which is cheaper? Anonymousnoreply@blogger.com