Proxy Voting in the Digital Age
The following commentary is from an investment professional with Clear Harbor Asset Management who is a participant in TheStreet's expert contributor program.
NEW YORK ( TheStreet) -- Do you own stock in a company that is holding its annual shareholders' meeting this spring at a place or time that doesn't fit your schedule? Visit the investor relations page of the company's Web site and see if it will be webcasting the event. If not, fire off an email complaint to the firm's investor relations contact or take to your favorite social media network to demand a webcast.
The Securities and Exchange Commission currently doesn't require companies to webcast their annual meetings, but many public companies are doing this, and all of them should. In the digital age, there is no reason why shareholders should have to be physically present at their company's annual meetings to monitor what goes on and participate.
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