This article examines the role of French fund managers in corporate governance, in particular their voting behaviour in annual meetings. Based on the results of a survey conducted at Essec Business School, the article stresses the growing importance of shareholder democracy. For example, although fund managers confess to vote only rarely, 49% claim to have rejected a resolution limiting the voting right and 46% to have voted against the renewal of a director.
CHARLETY-LEPERS, P. and JACQUET, P.P. (2002). Les débuts difficiles de l'activisme actionnarial. Les Echos, pp. 52.