By Dominic Jones on April 13, 2011
NATIONAL Investor Relations Institute (NIRI) CEO Jeff Morgan noted in his weekly message yesterday that the US Securities and Exchange Commission (SEC) wants companies to help educate retail investors about proxy voting by adding links on their websites to the SEC’s educational materials.
By Dominic Jones on March 24, 2011
COFFEE company Starbucks Corporation (NASDAQ:SBUX) held its annual meeting in front of a 2000-strong crowd in its hometown Seattle yesterday – and if you weren’t able to be there in person you could tune in to a video webcast and live tweeting session to stay in the loop.
By Dominic Jones on March 15, 2011
FOR its annual meeting this year, the Coca-Cola Company (NYSE:KO) is inviting investors to visit its first-ever online “shareowner forum” on a special password-protected website.
By Dominic Jones on March 4, 2011
FERTILIZER giant PotashCorp (TSE, NYSE:POT) is tackling the touchy topic of executive pay with a web-based communication campaign that includes a shareholder survey, a series of videos, and pay disclosures you can easily tweet or Like on Facebook.
By Dominic Jones on March 31, 2010
A GROWING number of U.S. companies are holding their annual shareholder meetings exclusively online in spite of shareholder concerns that virtual-only meetings may undermine board accountability and exacerbate plunging retail voting rates.
By Dominic Jones on October 16, 2009
AFTER a long delay, the U.S. Securities and Exchange Commission has finally proposed tweaks to its failed “notice and access” process for delivering shareholder meeting materials on the web. The model, which essentially transfers the decision to receive materials electronically or in print from shareowners to companies, has resulted in a dramatic drop in the [...]
By Dominic Jones on April 8, 2009
A GROWING number of companies are using the web to give their shareholders opportunities to pose questions to directors and executives at their annual meetings. Since many shareholders are unable to attend meetings in person, the move by companies to use the web could help to reengage apathetic retail stockholders in the annual meeting process. [...]
By Dominic Jones on March 25, 2009
INTEL Corporation (NASDAQ: INTC) will become the first U.S. company to enable all of its shareholders to attend, ask questions and cast their votes live on the web at its next annual meeting. Although advance Internet voting and annual meeting webcasts have been common for several years, shareholders were not previously able to vote live [...]
By Dominic Jones on February 9, 2009
SEEKING to improve board accountability to shareholders, one of the US Securities and Exchange Commission’s (SEC) leaders has called for the 18-month-old electronic proxy delivery rules to be improved or repealed. Commissioner Luis Aguilar said at the SEC Speaks in 2009 event in Washington on Friday that the so-called e-Proxy rules, which enable companies to [...]
By Dominic Jones on June 9, 2008
DESPITE the risk that they might be reaping short-term gains while laying the foundation for long-term pain, 566 US companies used notice-only e-proxy mailings for their shareholder meetings by the end of April. According to figures compiled by Broadridge Financial Solutions Inc., companies have saved about $132 million through lower print and mailing costs. Unfortunately, [...]
Posted in Annual Reports, Articles, Corporate Governance | Tagged annual meeting, annual meetings, broadridge financial solutions inc, director elections, e-proxy, new york stock exchange, proxy statement, proxy statements, retail investor, retail investors, retail shareholders, SEC, securities and exchange commission, shareholder meetings, technology
By Dominic Jones on May 7, 2008
I WAS having a conversation the other day with a client about recommendations we had made about her company’s website. She wanted to know if a certain recommendation was really “fundamental” to her company’s site. That’s a really good question and one that every company needs to think about. What are the basic requirements for [...]
By Dominic Jones on March 29, 2008
CORPORATE governance activist Evelyn Y. Davis, well-known for berating CEOs at annual meetings across the US, has complained about the SEC’s new default electronic delivery process for annual meeting materials. On CNBC’s Power Lunch show, the 78-year-old Davis told host Bill Griffeth that the SEC’s process of requiring shareholders to request paper materials from companies [...]
By Dominic Jones on July 11, 2007
AMERCO (NASDAQ:UHAL), better known as the company that owns the orange U-Haul truck rental business, yesterday became the first company to simultaneously launch a stockholder forum and take advantage of the new e-proxy process. The company’s shareholders will be receiving a notice in the mail telling them they can access their proxy materials online at [...]