'What is Metagovernance?' by indexcoop indexcoop metagovernance
How does Metagovernance Function in Traditional Finance?
Blackrock has a team of 50+ people that interacts with portfolio companies on governance matters, and in 2020 alone Vanguard’s stewardship team cast votes on 168,000 proposals. Votes don’t get divided up proportionally to the vote, rather, a majority within the snapshot vote delegates all of Index’s voting power towards that outcome.
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