November 4, 2015

Proxy Advisory System: Why It Matters and How We Can Fix It

J. W. Verret

Senior Affiliated Scholar

James K. Glassman

Financial Markets Working Group scholars James K. Glassman and J.W. Verret and former SEC Commissioner Daniel M. Gallagher participate in a Regulation University panel discussion of an issue vital to corporate governance, proxy advisory services. 

Proxy advisors (PAs) provide recommendations to institutional investors on how to vote shares of the corporations they own. PAs influence many corporate decisions including composition and operation of corporate boards, executive compensation, auditor selection, and proxy access.

 

Proxy advisors (PAs) provide recommendations to institutional investors on how to vote shares of the corporations they own. PAs influence many corporate decisions including composition and operation of corporate boards, executive compensation, auditor selection, and proxy access.