The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Mon, 19 Jul 2021 14:01:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 2019 Proxy Season Review https://corpgov.law.harvard.edu/2019/10/28/2019-proxy-season-review/ https://corpgov.law.harvard.edu/2019/10/28/2019-proxy-season-review/#respond Mon, 28 Oct 2019 13:33:19 +0000 https://corpgov.law.harvard.edu/?p=123359?d=20191028101214EDT Posted by Chuck Callan (Broadridge Financial Solutions, Inc.) and Paul DeNicola (PwC), on Monday, October 28, 2019
Editor's Note: Chuck Callan is Senior Vice President of Regulatory Affairs at Broadridge Financial Solutions, Inc.; and Paul DeNicola is Managing Director of the Governance Insights Center at PwC. This post is based on a joint Broadridge and PwC publication by Mr. Callan, Mr. DeNicola, Mike Donowitz,Theresa Harvin, Paula Loop, and Catie Hall.

This post provides insights into key corporate governance and shareholder voting data for the 2019 proxy season, as well as the five-year trends. It covers the results of 4,059 public company annual meetings held between January 1 and June 30, 2019.

Overview & Key Takeaways

We continue to see substantial differences in voting between institutional and retail investors. This analysis shows how institutional and retail investor segments voted on a number of different proposal types. The data highlights how important it is for companies to engage with all of their shareholders. In general, retail shareholders were less supportive of shareholder proposals than institutional voters.

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