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The User-Friendly Proxy Statement

Attention, public companies: While your proxy statement is likely your most read disclosure document, its readership is spotty. Your retail owners and employees likely focus on some of the compensation information, but little else. Here's how to fix the problem.

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Attention, public companies: While your proxy statement is likely your most read disclosure document, its readership is spotty. Your retail owners and employees likely focus on some of the compensation information, but little else. And many institutional owners ‘ the ones who can determine the outcomes of your voting matters ‘ readily admit that they spend little or no time reading it, in many cases relying on the voting recommendations of proxy advisory firms.

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