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Tag: Shareholder Proposals
SubscribeProxy Season Brings Socially Motivated Shareholder Proposals from Both Sides of the Aisle
It’s nothing new to see activists showing up at annual shareholder meetings to protest banks’ social agendas. In fact, they’re typically taking financial institutions to task for what they perceive as a lack of any agenda at all. Recently,...
Read MoreSEC Paves the Way for More ESG Proposals
In the perpetual battle between activist shareholders and corporations, the insurgents recently have scored some key victories. In the latest win for activists, the Securities and Exchange Commission is taking steps to make it easier to put...
Read MoreShareholder Proposal Asks Nike to Prove It’s a Role Model
In 1993, Charles Barkley helped Nike build its edgy reputation with young audiences when he disavowed the idea that he had to set an example for kids. In a controversial commercial, the NBA superstar with a reputation for stirring up troubl...
Read MoreE and S, but not so much G
As the spotlight continues to shine ever brighter on environmental, social and governance issues at companies, ESG proposals from shareholders are enjoying record levels of support. At least the “E” and “S” proposals are. According to gover...
Read MoreBlackRock Boasts of Sustainability Bona Fides
BlackRock has for years been one of the most outspoken voices pushing public companies to act as responsible corporate citizens. In a bombshell letter to corporate leaders in 2018, founder Larry Fink described a new point of emphasis in how...
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