Proxy vote


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Related to Proxy vote: Proxy server

Proxy vote

Vote cast by one person or entity on behalf of another.

Proxy Vote

At the annual meeting of a publicly-traded company, a vote that a shareholder allows to be cast by another on his/her/its behalf. Proxy votes are relatively common, especially when a shareholder cannot personally attend the annual meeting. Generally, but far from always, a shareholder allows the company's management to have his/her/its proxy vote. This gives the management greater control of the company. See also: Beneficial ownership.
References in periodicals archive ?
Nurses attending the annual meeting may carry up to four proxy votes as well as their own vote.
THE son of a Midland Tory councillor who forged proxy votes in a bid to help his father in an election has been jailed for three months.
Those choosing a proxy vote (someone voting on their behalf) also have to be registered as overseas voters, fill in a similar form and name the person they have chosen to cast their vote.
Proxy votes, which usually happen once a year, give company stock owners the opportunity to vote on various aspects of corporate policy and management.
Several factors contribute to the increased interest in the proxy voting process: the acquisition boom of the 1980s that prompted the enactment of antitakeover provisions; activism by shareholders in the corporate governance area; and the Department of Labor's guidance that the proxy vote is a plan asset and the plan sponsor thus has a fiduciary responsibility to make sure the vote is cast in the best interest of the plan beneficiaries.
To apply for a proxy vote, a similar form needs to be completed, but the voter must be registered as an overseas voter.
Those who are away on business, studying away from home, or have a medical reason not to vote in person must apply for their proxy vote by 5pm this Friday.
Others directly involved with the proxy vote say Cracker Barrel's antigay policies ultimately hurt its business and that this factor also played a significant role in the company's decision.
Residents can get an application for a postal or proxy vote by telephoning the election helpline on 01384 814740 or visit the electoral registration office at Kudos House, 3 Ednam Road, Dudle, y or www.
Please enter the Control Number on your proxy vote card and click the "Vote" button under "Postal Mail Recipients.
Through ViewPoint, its comprehensive, custom proxy vote management solution, Glass Lewis also provides institutions with the industry's leading integrated voting platform for institutions to implement their custom policies.
If information is presented that could change the opinion of nurses who's vote you carry, you may either get in touch with them, vote according to your own opinion or withhold your proxy vote.