05.06.2015 - NBIM Makes the Case Against Bundled Board Votes
Norges Bank Investment Management (NBIM), manager of Norway's massive sovereign wealth fund, publicly issued a position paper titled "Individual Vote Count in Board Elections". The paper thoughtfully presents a case, arguing in favor that corporate board directors "should be elected with an individual vote count at the shareholder meeting, and the vote tally published." Globally, the majority of listed company board elections go uncontested, becoming more of a recognized approval process...............................................Full Article: Source
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