Proxy Access Proxy?

A Delaware court is expected to rule soon whether shareholder activists will be allowed to nominate dissident directors to corporate boards.
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Not-So-Modest Proposals

New research suggests directors who ignore the advice of their shareholders do so at their own peril. In a study by business school professors at Harvard Business School, Duke University, and the University of North Carolina that examined the results of 620 majority-vote proposals submitted between 1997 and 2004, researchers found that directors who disregarded proposals supported by a majority of shareholders faced a greater risk of losing their seats than directors who responded to them.
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