Proxy Vote

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Dictionary Says

Definition of 'Proxy Vote'

A ballot cast by one person on behalf of another. One of the benefits of being a shareholder is the right to vote on on certain corporate matters. Since most shareholders cannot or do not want to attend the annual and special meetings at which the voting occurs, corporations provide shareholders with the option to cast a proxy vote. Shareholders receive a proxy ballot in the mail along with an informational booklet called a proxy statement describing the issues to be voted on. Shareholders return a form by mail agreeing to have their vote cast by proxy. Issues commonly decided by proxy vote include electing directors to the board, approving a merger or acquisition, and approving a stock compensation plan.
Investopedia Says

Investopedia explains 'Proxy Vote'

Registered investment management companies also cast proxy votes for the securities in their portfolios. For example, Fidelity Investments' mutual funds are shareholders in numerous corporations. As such, Fidelity casts proxy votes on behalf of its mutual fund shareholders.

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'Proxy Vote'

  • How Your Vote Can Change Corporate Policy

    http://www.investopedia.com/articles/stocks/08/voting.asp
    ... shares, for a minimum of one year before the company's annual submission deadline
    before you can introduce a shareholder resolution for a proxy vote. ...

  • How do proxy fights work?

    http://www.investopedia.com/ask/answers/08/how-do-proxy-fights-work.asp
    ... To learn more about proxy voting, check out How Your Vote Can Change Corporate Policy
    and Proxy Voting Gives Fund Shareholders A Say. by Chris Gallant. ...

  • Proxy Voting Gives Fund Shareholders A Say

    http://www.investopedia.com/articles/basics/04/082704.asp
    ... Voting Proxies Electronically In the age of the internet, investors can not only
    buy and sell stocks online, but also vote their proxy statements. ...

  • What Does Your Mutual Fund Say About You?

    http://www.investopedia.com/articles/mutualfund/08/acting-in-interest.asp
    ... However, the filing will not provide all of the details behind each proxy vote,
    so you will need to cross reference the vote against the company's proxy ...

  • Capital Southwest Is Worth More With Less

    http://stocks.investopedia.com/stock-analysis/2008/Capital_Southwest_Is_Worth_More_With_Less_CSWC.aspx
    ... However, it's up 7.7% from the value at the end of 2007. On May 20, the SEC ruled
    the company could exclude the proposal discussed above from its proxy vote. ...

  • Ethical Investing: Investor Activism and Shareholder Advocacy ...

    http://www.investopedia.com/university/ethical-investing/ethical-investing7.asp
    ... For example, institutional investors might publish proxy voting guidelines
    on their websites, explaining how they chose to vote and why. ...

  • Carl Icahn's Investing Strategy

    http://www.investopedia.com/articles/financial-theory/08/carl-icahn-lift.asp
    ... more aggressive investors in The 5 Most Feared Figures In Finance.) Beginnings In
    1979, Icahn's first victory was the takeover through a proxy vote of Tappan ...

  • Series 26 Study Guide - Investment Companies - WRAP Accounts ...

    http://www.investopedia.com/exam-guide/series-26/investment-companies/wrap-accounts.asp
    ... their own name, including the rights to: Withdraw securities or cash; Vote
    (or choose a proxy vote) on securities in the account; ...

  • What is the investor rights movement?

    http://www.investopedia.com/ask/answers/04/061804.asp
    ... in his or her name or hold a proxy statement; have read every proposal in the
    information circulars sent by the companies to determine how to vote as a ...

  • Pay Attention To The Proxy Statement

    http://www.investopedia.com/articles/stocks/07/proxy_statement.asp
    ... or concerns. Future Plans The proxy will also detail future business plans
    or issues on which the board may vote. This information ...

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