Proxy
A written authorization that allows one person to vote on behalf of a shareholder at a company meeting, or the person designated to cast such votes. Proxy voting is essential for corporate democracy, enabling shareholders who cannot attend meetings in person to still participate in governance decisions. For public companies, the proxy statement (SEC Form DEF 14A) is a critical document that discloses executive compensation, board nominees, and other matters requiring shareholder votes.
Related Terms
A mandatory yearly gathering of a company's shareholders where the board of directors presents annual financial reports,...
The legal entitlements that shareholders have to vote on corporate matters, including the election of directors, approva...
The legal and contractual entitlements of company owners, including the right to vote on major corporate decisions (such...
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