Good corporate governance creates the framework within which a company can be managed in the long-term interests of shareholders and should be seen as a driver of shareholder value. Institutions are in a critical position to ensure that companies remain directly accountable to their shareholders.
The exercise of voting rights is an important aspect of the investment management process and the fund manager’s ability to influence corporate management and ultimately manage the performance of the portfolios.
Paradice’s overriding principle is to cast votes in the best interests of our clients. We take our responsibilities seriously and acknowledge the importance of our right to vote as shareholders of Australian companies.
Disciplined and consistent exercise of voting rights is at the core of good corporate governance.