2014 First Edition Now Online
New York, April 30, 2014 – Increased shareholder activism, decreased support for smaller company directors and increased retail investor ownership of public companies are some of the key findings of the 2014 first edition of ProxyPulse™, the joint publication from Broadridge Financial Solutions, Inc. and PwC’s Center for Board Governance.
This edition of ProxyPulse contains key trends from the 2013 fall “mini-season” covering the 1,066 shareholder meetings held between July 1 and December 31, 2013, as well as perspectives on early developments for the 2014 spring proxy season.
Highlights of this edition include:
ProxyPulse is the product of collaboration between Broadridge, the leading provider of investor communication solutions for financial services firms, mutual funds and corporate issuers globally, and PwC's Center for Board Governance, a group within PwC whose mission is to help directors effectively meet the challenges of their critical roles.
The analysis is based upon Broadridge's processing of shares held in street name, which accounts for over 80% of all shares outstanding of publicly listed companies in the U.S. Visit proxypulse.com to access the full version of the ProxyPulse report.
Broadridge Financial Solutions, Inc. (NYSE:BR) is the leading provider of investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and other corporations. Broadridge’s investor and customer communications, securities processing and managed services solutions help clients reduce their capital investments in operations infrastructure, allowing them to increase their focus on core business activities. With over 50 years of experience, Broadridge's infrastructure underpins proxy voting services for over 90% of public companies and mutual funds in North America and processes on average $5 trillion in equity and fixed income trades per day. Broadridge employs approximately 10,000 associates in 14 countries.
For more information about Broadridge, please visit www.broadridge.com.
About PwC's Center for Board Governance
PwC's Center for Board Governance is a group within PwC whose mission is to help directors effectively meet the challenges of their critical roles. This is done by sharing governance leading practices, publishing thought leadership and offering forums on current issues.
For more information, please visit http://www.pwc.com/US/CenterForBoardGovernance.
Jenna J. Focarino
The Torrenzano Group
+1-212 -681-1700 ext.115
Steve G. Silber