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BlackRock: Lack of diversity, independence drove critical board votes

July 20, 2021 Robert Harrington

Top asset manager BlackRock (BLK.N) said on Tuesday it voted against 10% of company directors this year, up from 8.5% last year, as part of a more muscular approach to corporate governance.

BlackRock gave the breakdown in its quarterly stewardship report, citing issues like a lack of boardroom diversity or director independence. READ MORE

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