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A Reckoning for Shareholder Proposals

By Alexandra R. Lajoux

02/04/2026

Shareholder Engagement Proxy Season Member-Only

As the SEC shifts its priorities, changes to the shareholder proposal process are on the horizon. Recent survey data reveal what directors should know.

The US proxy voting system is not completely broken, but it does require some repair when it comes to the inclusion of shareholder resolutions in a company’s proxy statements. That is the message of a January 2026 survey conducted by the John L. Weinberg Center for Corporate Governance at the University of Delaware. The survey provides a kaleidoscope of stakeholder views, including managers, directors, and other governance professionals, on the treatment of ...

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Alexandra R. Lajoux

 

 

Alexandra R. Lajoux is chief knowledge officer emeritus of NACD.

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