Corporate Shareholder Meetings Proxy Advisory Firms' Role in Voting and Corporate Governance Practices - Prijzen

Institutional investors, such as pension plans and mutual funds, hire proxy advisory firms to obtain research and vote recommendations on issues, such as executive compensation and proposed mergers that are addressed at shareholder meetings of public corporations (corporate issuers). Market participants and other stakeholders with whom GAO spoke agreed that with the increased demand for their services, proxy advisory firms’ influence on sharehold...

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