CORPORATE SHAREHOLDER MEETINGS Proxy Advisory Firms' Role in Voting and Corporate Governance Practices Contributor(s): Accountability Office, U. S. Government (Author) |
|||
ISBN: 1542978351 ISBN-13: 9781542978354 Publisher: Createspace Independent Publishing Platform
Binding Type: Paperback Published: February 2017 |
Additional Information |
BISAC Categories: - Law | Business & Financial |
Physical Information: 0.1" H x 8.5" W x 11.02" L (0.31 lbs) 50 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Institutional investors, such as pension plans and mutual funds, hire proxy advisory firms to obtain research and vote recommendations on issues, such as executive compensation and proposed mergers that are addressed at shareholder meetings of public corporations (corporate issuers). Market participants and other stakeholders with whom GAO spoke agreed that with the increased demand for their services, proxy advisory firms' influence on shareholder voting and corporate governance practices has increased. But recent studies, market participants, and stakeholders had mixed views about the extent of the influence. For example, some said influence can vary based on institutional investor size (there is less influence on large institutional investors that often perform research in-house and have their own voting policies). |
Customer ReviewsSubmit your own review |
To tell a friend about this book, you must Sign In First! |