Corporate
Sep. 9, 2015
Shareholder push for electoral access makes waves
Proxy access proposals, or the push for shareholders to nominate their own directors, landed on the laps of about 120 companies this year - nearly four times as many compared to the 2014 proxy season, according to an ISS report.
Daily Journal Staff Writer
With the end of an active and combative proxy season that saw hedge fund activists
rattling corporate cages and shareholders pushing for increased social responsibility,
company directors will be mulling the emergence of a successful shareholder movement
that legal experts say will likely become a new standard in corporate governance.
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