What Is a Proposal?
Rule 14a-8(a) defines a shareholder proposal as a ‘‘recommendation or requirement that the company and/or its board of directors take action, which you intend to present at a meeting of the company’s shareholders.’’ In addition, ‘‘[u]nless otherwise indicated, the word ‘proposal’ as used in this section refers both to your proposal, and to your corresponding statement in support of your proposal (if any).’’
Originally published in Bloomberg BNA Shareholder Proposals - December 2018.
Please see full publication below for more information.