Vanguard Chairman and CEO Bill McNabb Delivered Keynote at Drexel University’s LeBow School of Business Academic Conference
Chairman and CEO of the Vanguard Group Bill McNabb III delivered the keynote address at the Center for Corporate Governance (CCG) 2014 Academic Conference held at LeBow College of Business at Drexel University on April 25. Drexel faculty along with national and international academics participated in the conference.
In his address, McNabb spoke about the six key principles of responsible corporate governance that Vanguard adheres to and advocates by the companies in which their funds invest. Independent oversight, accountability, engagement, sensible compensation tied to performance, shareholder voting rights consistent with economic interests and minimal anti-takeover devices and annual direct elections serve to inform and influence Vanguard’s views on corporate governance. These principles highlighted the themes of many papers discussed at the conference. Continue reading…
