Proxy Voting Quotes

I really believe that all CEO pay should be voted on by shareholders ahead of time. Mine was.

For decades, activist shareholders were an entertaining, but largely ignored, Wall Street sideshow. Disgruntled investors would attend annual meetings to harangue executives, criticize strategies - and protest that their complaints were being ignored.

Requiring fund managers to disclose how they vote would increase accountability and mean that pensioners and ordinary investors would more easily be able to see how those acting on their behalf vote on all issues, including remuneration.

What if lawmakers never spoke to their constituents? Oddly enough, that's exactly how corporate America operates. Shareholders vote for directors, but the directors rarely, if ever, communicate with them.

One way to promote shareholder engagement and activism is through greater accountability and transparency.

Ownership has been separated from control; and this separation has removed many of the checks which formerly operated to curb the misuse of wealth and power.

Left-wing shareholder activists seek to leverage the mass economic power of institutional investors such as pension funds, whose managers are supposed to focus strictly on their fiduciary responsibilities to retirees.

I think it is to the advantage of my state to have the opportunity to come to meetings occasionally and to vote in person, rather than just by proxy.

Most shareholders have little if any control over the companies in which they own stock, even if they own a million shares.

They exercise it by proxy, as we all know. Females send their votes to the ballot box by their husbands or other male friends.

Among my greatest disappointments about the mutual fund industry - in addition to excessive costs and excessive focus on the short-term - is that fund managers have been passive participants in corporate governance.

Shareholders are sort of like cats; they get herded around, and they follow the leader. With the exception of a few activist shareholders, there are a very rare number of big, important, influential shareholders that like to step up and say there's a problem here, especially when they're making money.