Proxy fight: Difference between revisions

==Key players==

Due to their out-sized influence with many institutional investors, [[proxy advisor]]s play a key role in many proxy fights. In many cases, the proxy firms end up determining the result of the contest.<ref>[https://www.wsj.com/articles/protecting-shareholders-from-activist-proxies-1432860067 Protecting Shareholders From Activist Proxies HP declares proxy win]</ref> The Securities Exchange Act of 1934 also gave the [[U.S. Securities and Exchange Commission|Securities and Exchange Commission]] (SEC) the power to regulate the solicitation of proxies.<ref name=":1">{{Cite journal|last=Hirst|first=Scott|date=2018-04-01|title=Universal Proxies|url=https://scholarship.law.bu.edu/faculty_scholarship/344|journal=The Harvard Law School Program on Corporate Governance Discussion Paper|volume=No. 2016-11}}</ref>'''{{rp|4}}''' Some of the rules the SEC has since proposed, like the universal proxy, have been controversial because opponents have suggested that they would increase the amount of proxy fights.<ref name=":1" />'''{{rp|61}}'''

 

==References==