Proxy Access Across the Indices
By: MyLogIQ
March 15, 2019
Proxy Access Varies by Index
– The right of shareholders to nominate directors for election to boards, known as proxy access, varies widely across the indices. Chart 1 with data from the CompanyIQ® corporate governance database has the details for eight common indices in 2017, the latest year with full data available.
On the upper end, nearly 100% of companies in both the Dow 30 and S&P 100 provided proxy access in 2007. On the lower end, less than 10% of companies in the S&P 600 and Russell 2000 had this shareholder provision for the same year.
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