Why Shareholders Vote “Against” Specific Directors

Even if all directors on a particular board easily obtain well more than a majority of the votes cast at an annual shareholders meeting, some directors that “only” receive 94% of the vote wonder why they got 2% less than their fellow directors.

This video covers a July 2020 study by “Proxy Insights” that reports on a survey of the rationales why shareholders vote “against” specific directors.

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