Financial reform’s proxy-access stipulation could empower activists
Boardroom battles at Denny’s and Red Robin have made headlines in recent months, and some say a provision in the massive federal financial overhaul bill could change the game for shareholders seeking more clout in the future. The bill, which the Senate passed in a 60-39 vote July 15 and was expected to be signed into law by President Obama, includes “proxy access,” a concept long sought by corporate watchdog groups intended to make it easier for shareholders of public ...
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