Votermedia Finance Blog

August 20, 2013

#Cisco Proxy Advisor Proposal #corpgov

Filed under: Uncategorized — Tags: — Mark Latham @ 9:39 am

Cisco Systems’ ($CSCO) proxy statement in October will include a Proxy Advisor Competition proposal submitted by shareowner James McRitchie, editor of the leading Corporate Governance blog. Jim just published this post explaining it. [2013-11-05 PS: Jim has published another post, responding to Cisco management's objections.]

Jim and I have worked together for years developing improved versions of this proposal (which is part of the broader votermedia project). It would increase competition in the market for proxy advice, and make professional advice available to all Cisco shareowners, not just the large institutions who now subscribe to advisory services. It helps solve the voters’ free-rider problem by paying for advice with their collectively owned corporate funds.

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1 Comment

  1. Updates: Cisco has published its proxy for the 2013 AGM, which will be on November 19 — AGM info & proxy here. There’s also an article from FT Agenda here.

    See also recent Q&A on this proposal at CorpGov.net.

    Comment by Mark Latham — October 10, 2013 @ 9:22 am


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