Question
One long-standing issue in corporate governance is that many stockholders at publicly traded companies never return their filled-in proxies and that incumbent managers get these
One long-standing issue in corporate governance is that many stockholders at publicly traded companies never return their filled-in proxies and that incumbent managers get these unreturned proxy votes. Which of the following actions would you take to remedy this problem (and improved corporate accountability)?
i.
ii.
iii.
iv.
v.
a.
Count only returned proxies as votes and not count unreturned proxies.
b.
Count all unreturned proxies as votes for management.
c.
Count all unreturned proxies as votes against management.
d.
Ban all proxy voting. Only shareholders present at meetings can cast votes.
e.
Require all shareholders, by law, to return their proxies
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