A Problematic Proxy Season

Shareholders have begun flexing their muscles and are preparing to take management to task during companies' annual meetings this year

Proxy season is fast arriving, and many corporations, already suffering from slumping stock prices, are going to have to be prepared to face angry shareholders, who are filling proxy ballots with resolutions ranging from more stockholder say over executive pay to demands for environmental impact statements.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.