What's in a vote?
- A proxy vote is a ballot cast by one person or firm on behalf of a shareholder of a corporation who may not be able to attend a shareholder meeting, or who otherwise desires not to vote on an issue.
- Prior to a company's annual general meeting, eligible shareholders may receive voting and proxy information in advance of their shareholder vote.
- Investors may elect someone else – such as a bank – to vote on their behalf.
- Such shareholder voting is the primary means by which shareholders can influence a company's operations, its corporate governance as well as activities of social and environmental responsibility.