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Are Voting Guidelines Ruling Your Business?
Ormazabal Sánchez, Gaizka; McCall, Allan L.Article ART-2562-EAccounting and Control, Corporate Governance, FinanceRecent legislative and regulatory decisions giving shareholders more influence over the governance of U.S. listed companies has motivated corporate boards and management to engage with shareholders -- with unintended consequences. There has been a dramatic rise in the number of proxy issues that have to be voted on by shareholders. Under SEC rules, many institutional investors have a fiduciary obligation to cast a vote on every item that comes be...Starting at €8.20