Answered By: Peter Z McKay Last Updated: Oct 29, 2014 Views: 89
Answered By: Peter Z McKay
Last Updated: Oct 29, 2014 Views: 89
- Proxy Statements
1. Management often encourages shareholders to vote by proxy so that ownership interests are fully represented even if shareholders are unable to attend the company's annual meetings in person.
2. The proxy discloses important information about issues to be discussed at an annual meeting, lists the qualifications of management and board members, serves as a ballot for elections to the board of directors, lists the largest shareholders of a company's stock and provides detailed information about executive compensation.
[Source: Investopedia]
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