Proxy Access - 2017 Engagement Focus
Research Paper
January 6, 2017
Preview
Should entrenched boards be the priority for shareholders? We review proxy access adoption rates in the US and identify that while significant progress has been made, the companies that have adopted proxy access were mostly companies who were already inclined towards stronger shareholder rights, while the companies with entrenched boards, who might actually benefit most from shareholder nominations, have generally not yet been targeted.
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