29 October 2010

Proxy Advisors

I recommend an intelligent piece by John Carney, newly posted in NetNet.

Carney, a senior editor at cnbc.com, writes about proxy advisors, like ISS and Glass Lewis.

He wonders whether they actually have any impact on proxy fights and, if they don't, why they exist.

No comments:

Knowledge is warranted belief -- it is the body of belief that we build up because, while living in this world, we've developed good reasons for believing it. What we know, then, is what works -- and it is, necessarily, what has worked for us, each of us individually, as a first approximation. For my other blog, on the struggles for control in the corporate suites, see www.proxypartisans.blogspot.com.