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DESPITE a dramatic drop in individual investor participation at companies using the new E-proxy process for their annual meetings, the US Securities and Exchange Commission (SEC) is studying “rulemaking refinements” that could make it easier for more firms to use the model.
Introduced little over one year ago, the E-proxy process allows company investor relations departments [...]
CORPORATE governance activist Evelyn Y. Davis, well-known for berating CEOs at annual meetings across the US, has complained about the SEC’s new default electronic delivery process for annual meeting materials.
On CNBC’s Power Lunch show, the 78-year-old Davis told host Bill Griffeth that the SEC’s process of requiring shareholders to request paper materials from companies that [...]
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