Sentence examples for vote standard from inspiring English sources
The figures regarding shareholder proposals to adopt the majority vote standard for director elections tell a similar story.
Annual director elections, majority vote standard, simple majority vote requirements and even proxy access to a large extent are now the norm for the vast majority of large companies.
Either way, thanks to the alchemy of the plurality vote standard at virtually all U.S. public companies, a single yes vote may ensure a candidates election.
Of all the states, Vermont comes the closest to the one person, one vote standard.
Examples include proposals to adopt a majority vote standard for director elections and requests to adopt proxy access.
Another example of the current split in practices is the vote standard applicable to electing directors, with a plurality vote standard continuing to be the norm among IPO companies while almost 90% of S&P 500 companies have adopted a majority vote standard.
A majority voting standard for the election of directors will give shareholders a tool to remove directors who make poor executive-compensation decisions.
Together, greater pay disclosure combined with the majority voting standard, will provide safeguards to ensure compensation practices are aligned with investors' best interests.
Boards at companies that have not yet adopted a majority voting standard, or a director resignation policy in the event a director fails to receive a majority of the votes, should be prepared to address this issue with shareholders.
My organization believes that a majority director voting standard -- requiring that a director receive a majority of the votes cast in order to be elected -- is the real solution to the problem of abusive executive-pay practices.
In the background loom Mr. Icahn's future claims about the change in voting standard and issues with procedure, issues that are probably much weaker claims for reasons I've elaborated on before.
