Shareholder engagement continues to rise…

How will this affect disclosure in the Proxy?

In a recent post from Equilar, they stated that:

“the percentage of S&P 500 companies that disclosed direct engagement with shareholders about doubled from 16.2% to 32.3% over the last five years. Transparency among all stakeholders has become integral to these interactions, with institutional investors and proxy advisors publishing detailed voting guidelines and clear open-door engagement policies.”

The question is no longer, “do we include our outreach efforts in our next proxy?”, it is “what and how: what we heard and how will we disclose the information?”. The CII Corporate Governance Advisory Council has published a study on shareholder engagement, including some examples from 2015 proxy statements.

By |2019-03-05T09:42:44+02:00January 8th, 2016|Categories: News Watch|Tags: , |Comments Off on Shareholder engagement continues to rise…