Institution Theme Category Discussion Questions
  • Neuberger Berman
  • Governance
  • Board & Governance
Company Year Market Source Link
Stanley Black & Decker 2020 US Website https://www.nb.com/en/global/esg/nb-votes

We generally support the right of shareholders to call a special meeting and—where the right does not exist—to act by written consent. We generally believe a special meeting threshold in the range of 20 – 25% is appropriate at most companies. Here we recognize our engagement with the company, which contributed to the decision to reduce the threshold and the improvement of shareholder rights.

Related Details

  • Category'
  • Shareholder
  • Resolution
  • Right to Act by Written Consent
  • Vote
  • AGAINST
  • Rationale
  • Written consent is unnecessary in light of the reduced threshold for the right to call a special meeting
  • Details
  • We generally support the right of shareholders to call a special meeting and—where the right does not exist—to act by written consent. We generally believe a special meeting threshold in the range of 20 – 25% is appropriate at most companies. Here we recognize our engagement with the company, which contributed to the decision to reduce the threshold and the improvement of shareholder rights. In light of this change and line with our policy we now consider the written consent shareholder proposal unnecessary.