free proxy list Proxy solicitation and proxy advisory services with Sodali, a global leader in corporate governance
5/1/20
Sodali is global leader in corporate governance consulting. In particular, it provides a variety of services and deals with proxy solicitation and proxy advisory firms.
A proxy solicitation could be accompanied by a proxy statement, a special document prepared to inform shareholders about material facts and company matters related to the vote question. Issues included in a proxy statement can deal with proposals for new inclusions in the board of directors, information about directors' remuneration, information on bonus and options plans for directors, and any kind of declaration made by company management.
In the past 2 decades the proxy advisory industry has quietly grown extremely powerful. Fifteen years ago, no one really mentioned shareholder relations, proxy solicitation and proxy advisory as much as we do now, but during last years of changes about company regulation, governance and management conception has been modified, and activism of shareholder community has begun to raise. Shareholder activism is the manner in which shareholders can assert their power as owners of the company to guide its behaviour. As a result of considerable costs of a proxy solicitation, in terms of resources, money and time, activist shareholders should carefully consider whether this kind of strategy is good for that particular situation.
Article Tags: Proxy Solicitation, Proxy Advisory, Corporate Governance, Proxy Statement