Topic: Proxy advisers

A proxy adviser provides services to shareholders (in most cases an institutional investor of some type) to vote their shares at shareholder meetings of, usually, quoted companies.


Playing by the rules

Badly drafted and unwarranted new regulations are an ongoing problem. Two inquiries are underway to improve lawmaking that occurs outside the Parliament, writes Professor Pamela Hanrahan.

AICD welcomes draft legislation to support companies to use technology to hold meetings, sign and se...

The Australian Institute of Company Directors (AICD) has welcomed the exposure draft bill seeking to make permanent amendments to Corporations Act requirements that will support companies to use techn...

AICD progress on proxy advice, class action risk reforms

The AICD is backing efforts to consolidate global reporting frameworks on sustainability and environment issues. The AICD has supported the establishment of a new International Sustainability Standard...

AICD progress on proxy advice, class action risk reforms

Issues confronting listed company directors remain in the spotlight and it’s pleasing to see progress on two of the AICD’s priorities – proxy adviser regulation and continuous disclosure reform. Below...

AICD welcomes move to greater transparency of proxy advice

The Australian Institute of Company Directors (AICD) has welcomed the Federal Government’s consultation on options to increase the transparency and accountability of proxy advice in line with recent r...

New proxy adviser rules in United States

The US Securities and Exchange Commission (SEC) has adopted new rules governing the conduct of proxy advisers (see here for the SEC’s release). Designed to address concerns about the “outs...

Director Identification Numbers – Your Say!

Over recent weeks, close to 500 AICD members provided initial feedback to the AICD on the implementation of a Director Identification Number (DIN). We sought this input through two on-line surveys sen...

Seven trends small cap boards should prepare for

Trends suggest small cap companies will speed up appointment of female directors.

ASIC report on proxy adviser engagement practices

The ASIC review focused on the four major proxy advisers in Australia, CGI Glass Lewis, ISS Australia, Ownership Matters and the Australian Council of Superannuation Investors.

Proxy Music

The increasing sway of proxy advisors has prompted calls for greater regulation, reports Ben Power.
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