Sentences with phrase «shareholder proposals»
"Shareholder proposals" refers to suggestions or ideas put forward by individuals who own shares in a company. These proposals aim to influence the decisions or policies of the company, typically by requesting changes in areas like corporate governance, environmental practices, executive compensation, or social responsibility. Shareholders use these proposals to express their concerns or advocate for specific actions. Full definition
We will continue to see substantial number of shareholder proposals relating to political contribution disclosure.
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One way these shareholders are advocating change is through filing shareholder proposals or resolutions.
The other big change involves shareholder proposals calling for an independent chair.
Since shareholder proposals are advisory, it's up to the companies to decide whether or how to respond to the results.
The number of such shareholder proposals filed this year makes up 5 percent of the total, as compared to 4 percent at this time time last year.
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.
Finally, we discusses the various shareholder proposals put forth on this topic in the past several years and our analysis of these proposals.
A proposal that was substantially identical to the current shareholder proposal was put forth by two other shareholders in two of the last three years.
Corporate lobbying disclosure remains a top shareholder proposal topic for 2016.
The retail giant is fighting against several shareholder proposals, one of which would force it to open up on its executive pay practices.
The group has announced that it is filing multiple shareholder proposals on board oversight of business risks related to opioid misuse at 10 opioid distributor and manufacturing companies.
This paper investigates the use of shareholder proposals, an increasingly prominent governance mechanism, by labor unions.
His advocacy work includes direct communications with company leadership, investor education and awareness, filing shareholder proposals, and public policy advocacy at the municipal, state and federal levels.
Since shareholder proposals are advisory, it's up to the companies to decide whether or how to respond to the results.
In recent years, however, shareholders have increasingly used SEC Exchange Act Rule 14a - 8 (the so - called shareholder proposal rule), to not just manage but even micromanage corporate decisions.
They won't be able to nominate or replace directors on the board, vote for or against proposed mergers or acquisitions, or submit shareholder proposals at an annual meeting — which activist investors frequently use to push management to adopt their agenda.
While earlier shareholder resolutions had been filed by individual investors like the Gilbert Brothers on governance topics, Paul drafted the first religious shareholder proposal with a social theme on behalf of the Episcopal church and filed it at General Motors in March of 1971: The proposal requested that until such time as apartheid was abolished, GM withdraw its business from South Africa.
On the political end of the spectrum, Proxy Preview notes an increase in the number of shareholder proposals regarding political lobbying, which «has clearly surpassed those on election spending.»
«Apple loses Rule 14a - 8 fight to exclude shareholder proposal requesting establishment of a human rights committee Main Francis Pileggi's 13th Annual List of Key Delaware Corporate and Commercial Decisions for 2017»
On April 7 Glass Lewis hosted a Proxy Talk conference call to discuss shareholder proposals relating to the environment that shareholders will vote on at companies in 2016, including proposals submitted at three energy companies requesting disclosure on climate change risk and opportunities.
Mr. DiNapoli also announced the pension fund had withdrawn shareholder proposals at three energy companies due to their climate - change disclosure policies.
Shareholder Proposal Entitled Report on Company Membership and Involvement with Certain Trade Associations and Business Organizations
Continue reading «Apple loses Rule 14a - 8 fight to exclude shareholder proposal requesting establishment of a human rights committee»»
On April 7 Glass Lewis hosted a Proxy Talk conference call to discuss shareholder proposals relating to the environment that shareholders will vote on at companies in 2016, including proposals submitted at three energy companies -LSB-...]
Advocacy groups point out that the firm only rarely supports shareholder proposals on hot - button issues — for example, those related to managing climate risk.
Vanguard continues to abstain on political spending and other social and environmental shareholder proposals.
If your shareholders can't (effectively) vote, then there's no sense in them submitting nonbinding shareholder proposals demanding that you maximize shareholder value.
The following is a list of some of the companies that will face shareholder proposals on climate change risk in the 2016 proxy season: AES, Noble Energy, Occidental, Anadarko, FirstEnergy, Chevron, ExxonMobil, Southern Co and Devon.
A more conservative estimate might use data about shareholder proposals under current SEC regulations.
Robert Jackson recently discussed an SEC staff ruling that the ordinary business exception for shareholder proposals under Rule 14a - 8 did not justify excluding a proposal recommending that the board disclose and let shareholders vote on its policies related to corporate political spending.
Shareholders of the Toronto - Dominion Bank («TD Bank») and the Royal Bank of Canada («RBC») voted in the last few weeks on shareholder proposals made to confer additional proxy access rights to shareholders in the nomination of directors to the respective... Continue Reading
Walmart said after the meeting that shareholders had approved all 12 company - recommended board members and rejected shareholder proposals it had opposed.
In parallel with lobbying for this key legislation, proponents of «say on pay» have also filed non-binding shareholder proposals at targeted companies and have taken a proactive approach to the «say on pay» initiative.
While Apple may not have increased its buying much since Icahn launched his Twitter offensive and nonbinding shareholder proposal, it has increased its buying considerably since, you know, 2011.
Zooming in on climate change, Proxy Preview highlights one new shareholder proposal «that raises questions about transporting oil and gas by train and several taking up different angles on deforestation that connect ecological and human rights impacts.»
The Board and the interim CEO are looking at strategic alternatives and will consider shareholder proposals.
Analysis by the law firm confirmed that corporate shareholder proposals aimed at addressing environmental issues were common in 2016, a trend that will
Analysis by the law firm confirmed that corporate shareholder proposals aimed at addressing environmental issues were common in 2016, a trend that will continue to keep the pressure on fossil fuel interests like Chevron and ExxonMobil during the Trump years — and make it hard for the SEC to avoid addressing the issue.
«SEC denies General Electric bid to block global warming shareholder proposal; Amid economic downturn, GE should justify lobbying for economy - harming climate legislation, says Free Enterprise Action Fund (Ticker: FEAOX),» Free Enterprise Action Fund, January 24, 2008.
She was half of the team that filed Azzad's first shareholder proposal, which asked Chevron to evaluate the risk of its business partnerships with governments engaged in crimes against humanity, and is participating in an ongoing dialogue with Chevron on that topic.