New Report: The Rise of Shareholder Proposals and Labor Union Activism
New York, NY: In 2013, America’s largest publicly traded companies faced shareholder proposals aimed at realigning the balance of power between shareholders and directors, modifying executive-pay practices, and advancing certain social or policy goals. On Tuesday, September 17, 2013, the Manhattan Institute’s Center for Legal Policy will release a report which places these proposals in historic context. Coauthored by CLP director and Manhattan Institute senior fellow James R. Copland and Proxy Monitor project manager Margaret M. O’Keefe, the report discusses several key trends in the 2013 proxy season, including the rise in labor-affiliated shareholder activism and the decrease in support for proposals related to political spending or lobbying.
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