Guest post by The Society for Corporate Governance
For decades, corporate boards have wrestled with the role of proxy advisory firms—trying to understand their recommendations, spending more time on shareholder engagement, and, from time to time, questioning the focus of advisory firms on particular issues. This article, published in Directors & Boards, analyzes the role and influence of proxy advisory firms and suggests a constructive way in which public companies, both individually and collectively, can address this subject.
Read more: The Impact and Influence of Proxy Advisory Firms.