A step in the right direction. But the great majority of votes are cast by Fiduciary Investors (Pension and Mutual Funds, Asset Managers, Private Banks, Insurance Firms and Sovereign Wealth Funds), often relying on input from Proxy Advisers that are responsible to no one. So this is not going to move the Corporate Governance needle that much until there are ways that the real end investor can control how these Fiduciaries cast the votes on his behalf.
Fair Game: Shareholder Proxies Could Be the New Regulators
In the wake of Corp Fin’s new statement on how the Staff will handle the
Rule 14a-8 process for the 2026 proxy season, we have scheduled a webcast
for next...
17 hours ago
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