An analysis of data from more than 2,500 annual general meetings held at Russell 3000 companies between January 1 and June 30, 2014, shows a fundamental shift in the types of resolutions shareholders submitted to a vote. It also shows that activist investors have become more sophisticated in their use of technology and social media to agitate for corporate change outside of the AGM and that senior management is increasingly likely to implement precatory shareholder proposals on corporate governance that have received majority support.
The complete report, Proxy Voting Analytics (2010-2014), will be released in the fall. To receive a complimentary copy when it becomes available, please register for free at www.conference-board.org/directornotes.
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