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GAO Report: Shareholder Meetings -- Issues Relating to Firms that Advise Institutional Investors on Proxy Voting
U.S. Government Accountability Office [GAO]
July 31, 2007
28 pages. "GAO was asked to report on [1] potential conflicts of interest that may exist with proxy advisory firms and the steps that the [SEC] has taken to oversee these firms; [2] the factors that may impede or promote competition within the proxy advisory industry; and [3] institutional investors' use of the firms' services and the firms' potential influence on proxy vote outcomes." [GAO-07-765, published Jun. 29, 2007, released Jul. 30, 2007]
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