Back in September 2011, the FT ran a story exploring the frustrations felt by investors over complexity and opacity in the voting chain (“Call for clarity in proxy voting process”, FTfm, 12th September 2011). In many ways the article was no different to much of the other hand-wringing that has characterised commentary on this subject. […]

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 A shorter version of this article appeared in Financial News on Monday, October 10th 2011 The City might sometimes wish it otherwise, but voting rights are central to shareholders exercising oversight of the companies they invest in. Since the publication of the Cadbury Report in 1993 there has been great emphasis on the role of […]

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