Shareholders are assuming a more active voice in the boardroom. Many proxy statements include shareholder proposals that showcase this interest. We have seen proposals for greater activism in such areas as director voting policies, director nomination, compensation, and company policies on sustainability.
With regard to direct communication between shareholders and the board of directors and responses to shareholder concerns, public companies are now expected to have communication procedures that are consistent, clear, and candid and allow for a two-way dialogue. More companies are including policies for shareholder communication on their websites and providing mechanisms for communication through portals, e-mail, interactive webcasts, and the annual meeting.
See more at: http://www.corpgov.deloitte.com/site/us/nominating-corporate-governance-committee/proxy-topics/
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