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2013-10-23 11:24:34

In a new study, a University of Missouri researcher has found that institutional mutual fund investors tend to invest in companies that have an independent board of directors because it is perceived as a "safer" option, even though no evidence exists that demonstrates these companies perform better in the stock market.


Word of the Day
dapifer
  • One who brings meat to the table; hence, in some countries, the official title of the grand master or steward of the king's or a nobleman's household.
The word 'dapifer' comes from Latin roots meaning 'feast' and 'bearer'.