REPORT: SHAREOWNERS AT 4 OUT OF 10 U.S. COS WOULD BE DISENFRANCHISED UNDER ALTERNATIVE TO SEC PROXY ACCESS RULE
New from ShareOwners.org and the Council on Institutional Investors ...
"The case for a uniform federal proxy access rule for the election of corporate directors is stronger today as the result of a major new study finding that the alternative permitting company-by-company decisions on such access would effectively lock out shareholders at about 40 percent of top U.S. companies.
Titled "The Limits of Private Ordering: Restrictions on Shareholders’ Abil... the new study from The Corporate Library for ShareOwners.org and the Council of Institutional Investors (CII) looks at how so-called "private ordering" -- with opt-in/opt-out votes on proxy access at individual companies – would play out under real-world circumstances."
Read more here.
"The case for a uniform federal proxy access rule for the election of corporate directors is stronger today as the result of a major new study finding that the alternative permitting company-by-company decisions on such access would effectively lock out shareholders at about 40 percent of top U.S. companies.
Titled "The Limits of Private Ordering: Restrictions on Shareholders’ Abil... the new study from The Corporate Library for ShareOwners.org and the Council of Institutional Investors (CII) looks at how so-called "private ordering" -- with opt-in/opt-out votes on proxy access at individual companies – would play out under real-world circumstances."
Read more here.
Comment
About
Contact Congress!
Tell your members of Congress that they need to support the ShareOwners.org Agenda for strong financial market reforms. Click here to send your message now!
ShareOwners News
© 2010 Created by ShareOwners.org on Ning. Create a Ning Network!
You need to be a member of ShareOwners.org to add comments!
Join ShareOwners.org