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Exact(14)
In addition to recommending that asset managers and institutional asset owners take a more active role in encouraging long-term value creation by public companies and their boards, the revised Principles address the importance of director independence, early board engagement on important shareholder proposals, and shareholder proxy access.
The least important shareholder proposals are on takeover defense mechanisms and corporate governance.
Why was that? A. Well, D.K.B. owns 27percentt of CIT, so they are an important shareholder.
MORE important, shareholder votes often take on companies where executive pay is out of line with industry norms.
We document a number of novel stylized facts: shareholder proposals are perceived as more important than management proposals and the most important shareholder proposals are about restructuring.
While the founders' families carry great influence, some important shareholder advisers say the family foundations may have different interests than other shareholders.
Similar(46)
He's supposed to be running 21st Century Fox and keeping his most important shareholders happy.
The agreement announced Monday seemed to satisfy many important shareholders who have been demanding change in the company.
The trial against the men, important shareholders in the Yukos oil group, has been accompanied by a tax investigation into Yukos itself.
The pressure on Vedanta was increased by Survival's complaint to the UK government under the Organisation for Economic Co-operation and Development guidelines for multinational companies, which in turn helped persuade many important shareholders, including the Church of England, to disinvest on ethical grounds from a company that had become notorious for the Niyamgiri project.
It didn't work with the stock markets, which sank again, and it did nothing to reassure the most important shareholders: ordinary Americans living from one paycheck to another, worried about their jobs or wondering how they will replace the one they lost.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com