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passive agreement

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See: acquiescence


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It is OK if both sides decide on arbitration only after the dispute has developed and can't be resolved, not by passive agreements beforehand.
Based on their statistical analyses, the authors offered explanations for why some fund managers or proxy oversight committees generally voted in passive agreement with corporate management's choices of board candidates and why, when they did not, they tended to do so in a huddle with other nay-saying funds.
 
 
 
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