As companies look toward the 2012 proxy season, what can they expect?
To answer that question, first take a look at what happened this past proxy season. It was the first year that companies dealt with the Securities and Exchange Commission's new proxy disclosure rules that went into effect last February, prompted by the Dodd-Frank Act.
Essentially, the SEC said that investors want to know more about your board of directors—what are their qualifications to serve? What is the board's role in overseeing a company's assessment of risk, including supply chain risk, operational risk, reputational risk, and the many other sources ...