- Retail shareholders own 32% of the street shares but only vote about 29% of shares they own. Their voting participation is fairly consistent across companies of different sizes.
- Eighty-one percent of all directors received favorable votes of at least 90%. Support varies directly with company size; that is, directors of larger companies attained greater levels of support than directors of smaller companies.
- Ten percent of all say on pay proposals received less than 70% support. Micro cap companies show the lowest levels of support.
- Proposals to declassify boards received significant support at companies of all sizes.
New Report Shows Lower Shareholder Voting Support At Smaller Public Companies
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