16th May 2022
The Boardroom Accountability Task, an effort of New York City Comptroller Scott Stringer and several Nyc pension money, seeks to empower shareowners to nominate directors. This practice, generally known as proxy get, increases long term corporate answerability by ensuring that investors, particularly huge shareholders, have a say in who their particular companies retain the services of as directors. In addition to the variety of panel members, the project also seeks to improve the number of individual directors and promote better treatment of staff members.
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