Basics
Shareholder Proxy Process and Proxy Advisors
Financial Services
Published on June 24, 2025
Explore This BasicEach year, publicly traded corporations hold an annual meeting of shareholders. During these meetings, investors can vote on various issues, including board members, the company’s auditor, and executive pay. Most annual meetings occur in the spring because of the proximity to when companies release their earnings. However, before any of these meetings take place companies are required by the SEC to file a proxy statement.
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Links to Other Resources
- Business Roundtable – The Need for Bold Proxy Process Reforms
- Congressional Research Center – The SEC’s Proxy Advisory Firm Disclosure Reforms
- Council of Institutional Investors – Governance Guide: Proxy Voting
- Stanford Business – Shareholders & Shareholder Activism
- FINRA – Prepping for Proxy Season: A Primer on Proxy Statements and Shareholders’ Meetings
- Harvard Law – Seven Questions about Proxy Advisors
- Investopedia – What Is a Proxy Vote, and How Does It Work? With Examples
- Investopedia – Proxy Season: What Investors Need to Know
- Investopedia – What Is a Proxy Vote, and How Does It Work? With Examples
- Stanford Business – The Big Thumb on the Scale
- Stanford Business – Shareholders & Shareholder Activism