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 August 15, 2008
DESPITE a dramatic drop in individual investor participation at companies using the new E-proxy process for their annual meetings, the US Securities and Exchange Commission (SEC) is studying “rulemaking refinements” that could make it easier for more firms to use the model. Introduced little over one year ago, the E-proxy process allows company investor relations [...]
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 [...]