His comments were in support of his shareholder proposal to end all political
activist shareholder proposals.
Despite the fact that the majority of shareholders oppose
the activist shareholder proposals, because of the current regulatory regime, public companies must dedicate time, and money to defend against them.
Not exact matches
Last month, Dimon prevailed at the bank's annual meeting when only 32 percent of
shareholders voted in favor of a
proposal — backed by
activist groups after the «London Whale» trading losses — to strip him of the chairmanship.
Shareholder democracy
activists should not get carried away by the arrival of proxy access
proposals north of the border, according to a Toronto lawyer.
At Corpgov.net, corporate governance advocate James McRitchie quoted Gallagher as stating, «
Activist investors and corporate gadflies have used these loose rules to hijack the
shareholder proposal system.»
Si2 provides overview reports on the main environmental, social and governance issues raised by
activist shareholders in their
proposals to companies, as well as impartial breakout reports on the
proposals awaiting votes at companies.
Icahn's
proposal marks a new stage in the clash between one of the world's most valuable and successful companies and its most formidable
shareholder activist.
The Texas Act would also apply to any proxy advisory firm that «publishes or otherwise provides an analysis or a recommendation to one or more
shareholders» of a Texas - based public company concerning a nomination to the board or a
shareholder proposal of an
activist investor.
All plans, intentions, motives, strategies, and objectives of the
shareholder with respect to becoming an
activist investor and with respect to the nomination or
shareholder proposal;
The Texas Act would apply to any person who (i) beneficially owns any securities of a «Texas - based public company» (defined as a publicly traded company whose «headquarters» are located in Texas) and (ii) is an «
activist investor» (defined as any person who directly or indirectly nominates or attempts to nominate directors or makes or attempts to make a
shareholder proposal with respect to the company).
Twitter is a public company, which raises an issue that has often puzzled me: Why don't conservative
activists use SEC Rule 14a - 8 (the so - called
shareholder proposal rule) to put
proposals on corporate proxy statements?
Over the past two days,
shareholder activist John Chevedden, who has introduced
proposals at Southwest and two others, added Continental Airlines (CAL) and Staples (SPLS) to his list.
In January, Shell made the unusual move of backing a climate
proposal from a group of
activist shareholders.