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Tag: RULE 14A-8

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SEC’s Stance on Shareholder Proposals Drawing Mixed Reviews

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Last November, the Securities and Exchange Commission essentially told companies they would be on their own when it comes to decisions about excluding shareholder proposals from their proxy statements. The new approach is receiving a mixed...

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SEC Steps Back on Shareholder Proposals

mother stabilizes son on beam

For decades, companies have relied on Rule 14a-8 as a stabilizing force in an otherwise unpredictable part of the proxy season, allowing companies to seek informal guidance on excluding shareholder proposals. The Securities and Exchange Com...

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Activist Investors Use SEC’s Shift to Press Companies on Climate and Social Agendas

Sustainability meeting with diverse group of people writing

When it comes to pushing for clean energy and environmentally responsible policymaking, publicly traded companies talk a big game. Their actions don’t match the rhetoric, though. That’s the takeaway offered by a report from sustainability a...

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2022 Proxy Season in Review: More Shareholder Proposals, Less Support

Organized shareholder proposals and paper files.

Legendary UCLA basketball coach John Wooden had a famous saying that summed up his approach to management: “Don’t mistake activity for achievement.” Doing something doesn’t necessarily mean anything was accomplished, in other words. Followi...

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SEC Paves the Way for More ESG Proposals

Paved pathway with lines in white and black

In the perpetual battle between activist shareholders and corporations, the insurgents recently have scored some key victories. In the latest win for activists, the Securities and Exchange Commission is taking steps to make it easier to put...

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