Is Opposition To Shareholder Proposals Good Or Bad For Tesla?
The carmaker’s board seems to think resisting change will be a win, but some negative consequences of opposing shareholders already are becoming evident.
The carmaker’s board seems to think resisting change will be a win, but some negative consequences of opposing shareholders already are becoming evident.
It’s impossible to make everyone happy, but you can offer a response that is as transparent as possible and shows a level of integrity.
Boards are now broadening their oversight to capitalize on the criticality of more diverse, equitable and inclusive organizations—and strong organizational culture.
Companies that drag their feet on addressing workplace issues risk shareholders intensifying efforts to effect change—and some of those efforts could take other forms, which would not be welcomed by board members.
Early signs indicate that investors may be willing to use the different voting tools—even those unrelated to climate issues—to increasingly signal their opposition to non-credible climate transition plans.
Traditional printed documents—long, complex and typically mailed by post—are inadequate when the needs and wishes of shareholders are so varied.