Shareholder Rights Group post on the Harvard Corporate Governance Blog
As we recently announced, NorthStar is a founding member of the Shareholder Rights Group — a coalition of investors formed in response to the threats being lobbed at the rights of shareholders of publicly traded companies (especially small and active shareholders). Today, the Harvard Corporate Governance Blog published a post written by the director of the Shareholder Rights Group which discusses some of the most crucial attacks on the shareholder proposal rule; the rule which governs how shareholders can engage with companies through the formal process of filing shareholder proposals. We invite you to read today’s post, Protecting Shareholder Ownership and Governance Rights, which refutes the recent petition’s claims that the shareholder proposal process is due for reform.