All proxy access articles

  • Article

    Withdrawal of past guidance signals a contentious start to SEC’s proxy process review


    Critics of proxy advisory firms are cheering the withdrawal of 2004 no-action letters that they say empowered and entrenched the firms.

  • Blog post

    SEC plans roundtable on proxy access


    The Securities and Exchange Commission will host a roundtable later this year to hear from investors, issuers, and other market participants about whether its proxy rules should be refined.

  • Blog post

    CII finds growing consensus on proxy access


    The buzzword for companies adopting proxy access: “consensus.” Companies are increasingly adopting similar approaches, according to a new report by the Council of Institutional Investors. Joe Mont reports.

  • Article

    Is universal proxy voting a boon or bust for directors?


    Joe Mont reports on the SEC’s proposal for universal proxy cards. Meant to improve board composition, some fear they might create shareholder chaos.

  • Blog post

    Survey: Proxy access continues to gain steam


    Joe Mont explores a key finding from Shearman & Sterling’s executive compensation survey—the number of proxy access proposals submitted for the 2016 proxy season rose significantly compared to 2015.

  • Blog post

    Mutual funds call for corporate board accountability


    As proxy season begins, holding boards accountable is the new black, and issues such as proxy access and dual-class companies are giving critics and activist shareholders new avenues for holding corporate board members’ feet to the fire. More from Stephen Davis and Jon Lukomnik.

  • Article

    Proxy season debates may include board scrutiny and short-termism


    With proxy season just around the corner, the annual tradition of assessing the mood of investors has begun. On tap, experts say, are demands for improved transparency and communication, better disclosures, and a continuing scrutiny of directors, including how (and how much) they and their C-suite cohorts are compensated. “We ...

  • Blog post

    NYC Comptroller Expands Proxy Access Demands


    On behalf of New York City’s public pension funds, Comptroller Scott Stringer has announced the expansion of an initiative that uses shareholder resolutions to pressure companies to adopt meaningful proxy access bylaws. In 2016, 72 companies will be asked to enact a 3 percent ownership threshold for the ability to ...

  • Blog post

    Report Card on This Year, and Governance Predictions for 2016


    As one year closes and another begins, so does the cycle of talk on what corporate governance issues will challenge Corporate America in 2016. Inside, columnist Richard Steinberg reviews what he thought the big issues of 2015 would be (cyber-risk, shareholder proxy access, CEO succession, etc.), and how those subjects—and ...