Paul Hodgson: SEC’s proposed shareholder proposal regs? Drop them in the public interest
How the SEC’s attempt to all but ban shareholder proposals could have disastrous effects
A shareholder proposal calling for a report on US meat company Tyson Foods’ human rights due diligence received the support of 57% of publicly held shares.
But, because Tyson Foods has dual class shares, with the Tyson family holding 89% of the voting power, the ‘official result’
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- tagged with:
- Securities and Exchange Commission,
- SEC,
- Proxy Voting
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