[2] He wrote about several climate-related shareholder proposals asking for reports were allowed to be excluded by the SEC. Of the remaining shareholder proposals after withdrawals, the staff has granted no action requests for 139 proposals, compared with 76 proposals at this time last year. [4] A much more objective response about the long-term prospects of current strategy comes from pension funds, index funds, and other permanent shareholders whose holdings represent the entire economy. There is a far more serious risk of further limiting this right of shareholders, allowing corporate insiders to operate without any kind of market feedback. On the contrary, the questions shareholders are raising reflect the inadequacy of traditional indicators in assessing investment risk and return.
Source: The Guardian June 21, 2024 06:40 UTC