Monday, February 11, 2008
Shareholder activists at some corporations are seeking to include on the management proxy statement this year shareholder resolutions that management assert relate to the ordinary business operations of the company. At several corporations the board is asked to provide information about its succession planning policies. At others, shareholders seek more information about subprime mortgage practices and risk assessment policies. WSJ, Shareholder Backlash Emerges on Subprime Mess.