shareholder rights – Benefits Canada.com

Virtual-only meetings erode shareholder democracy: institutional investor group

lbailey — Fri, 19 Apr 2024 15:30:44 +0000

A group of institutional investors is voicing concerns about the rise of virtual-only shareholder meetings they say risk eroding shareholder democracy. In an open letter released Thursday, the coalition of 38 investors led by the B.C. General Employees’ Union called on S&P/TSX 60 companies to publicly disclose how they’ll ensure shareholders’ statutory and common law […]

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Active ownership matters now more than ever amid coronavirus crisis

mschmit — Thu, 14 May 2020 05:20:23 +0000

At a time of uncertainty caused by the coronavirus crisis, active ownership is more important than ever, says Kevin Thomas, chief executive officer of the Shareholder Association for Research and Education. Many organizations are trying to influence companies and policy-makers, and those voices matter, he notes. “You don’t want to be sitting on the sidelines.” […]

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Who benefits and who suffers from the SEC’s proposed proxy-advisory rules?

mschmit — Thu, 28 Nov 2019 04:27:04 +0000

The debate surrounding how institutional investors use proxy voting is heating up. The contention hinges on guidance the Securities and Exchange Commission released earlier this year on the activities of proxy-advisory firms. It says that when proxy-advisory firms provide proxy-voting advice to their investor clients, it counts as proxy solicitations. That, in turn, means those […]

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