Articles week 4 Flashcards
(4 cards)
1
Q
Who are the most active institutional sponsors of governance proposals?
A
Union pension funds.
2
Q
What are the most common types of shareholder proposals?
A
Proposals concerning anti-takeover provisions and board independence.
3
Q
What factor increases the effectiveness of a shareholder proposal?
A
Higher institutional ownership and support.
4
Q
What is the main limitation of shareholder activism?
A
Proposals are rarely adopted, even with high shareholder support.
