Companies are making more concessions to prevent shareholder proposals from getting onto proxy ballots, according to the latest corporate governance review by corporate governance consulting firm Georgeson.Is the balance of power actually shifting away from top executives? Not likely, but there is somewhat of a slight shift. For the full study click here.
Tuesday, December 18, 2007
Recommended Reading - More corporate execs concede to shareholder demands to avoid showdowns, possible ouster
According to a story by Matthew Scott in today's Financial News,