Proxy Voting

Proxy Voting is the practice of authorizing another person or entity to vote a shareholder’s shares, typically via a written proxy, and it is also used to describe institutional investors voting shares according to proxy advisor recommendations and internal policies. In governance and M&A, Proxy Voting can determine outcomes on mergers, director elections, and shareholder proposals, and Proxy Voting mechanics are governed by corporate law, bylaws, and solicitation rules.