Although state corporation law bestows upon shareholders the right to nominate candidates for election as directors, and then to vote their shares in director elections, it is the Securities and Exchange Commission (“SEC”) that regulates the all-important proxy solicitation process by which shareholders of publicly traded corporations exercise their voting rights.
Shareholder Proxy Access: An Idea Whose Time Has Not Yet Come
Reform of the proxy solicitation process is one of the "hot-button" issues. This article reviews the developments surrounding proxy access over the last decade, and explains where we are today.
By
Robert S. Reder, David Schwartz And Roxana AziziThis premium content is locked for LawJournalNewsletters subscribers only
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