Webb30 apr. 2024 · Rule 14a-8(i)(10) covers exclusions for proposals that are already “substantially implemented” by a company. Notably, from 2016 to Q1 2024, we found that more than half of all exclusions allowed by the SEC were based on these two rules. Our examination also revealed that requests to nix proposals dealing with social issues have … Webb1 feb. 2024 · The Securities and Exchange Commission is expected to prioritise rule-making on climate change disclosures, shareholder proposal exclusions, human capital …
Revisiting Shareholder Proposal Exclusions Paul Hastings LLP
Webb13 sep. 2024 · Boards of directors’ ability to control the admissibility of shareholder proposals based on their purpose and content is in fact highly dependent on policy … Webb23 okt. 2015 · Yesterday, just in time for the start of the proxy season, the Securities and Exchange Commission published its eagerly-awaited guidance on two shareholder proposal exclusions – Rule 14a-8 (i) (9) (“directly conflicts” exclusion) and Rule 14a-8 (i) (7) (“ordinary business operations” exclusion). phillips conoco credit card
Revisiting Shareholder Proposal Exclusions - Lexology
Webb29 juli 2024 · Voting results. Shareholder proposals voted on during the 2024 proxy season averaged support of 30.4%, down from 36.3% in 2024. Notably, looking at just … Webb8 dec. 2024 · This release contains new guidance regarding shareholder proposals submitted for inclusion in public companies’ proxy statements under Rule 14a-8 of the … Webb18 juli 2024 · Proposed amendments. According to the SEC, the new proposal is designed to “improve the shareholder proposal process and promote consistency by revising three of the substantive bases for excluding a shareholder proposal under the rule”: Rule 14a-8 (i) (10)—Substantial Implementation . As noted above, Rule 14a-8 (i) (10) allows a company ... phillipsconsulting株式会社