POLL: boards must prioritise shareholder engagement

Author: Zoe Thomas | Published: 23 Feb 2015

The emphatic message from poll respondents is that shareholder engagement must be boards’ priority in the lead-up to proxy season

What should US boards prioritise in the lead-up to proxy season?
For the first time in more than five years, IFLR's monthly poll has received a unanimous response. And it reveals the unrelenting momentum of shareholder activism.

A broad cross-section of US market participants agree that the number one thing boards of public companies should be doing in the lead-up to proxy season is improving their engagement of – and dialogue with – shareholders. The rise of activism has sparked a growing need for companies and their boards to understand the demands of their owners, and make sure long-term investors feel heard.

The past year has seen an exponential rise in activism and growing support for this type of action from institutional investors. To avoid being outmanoeuvred, experts suggest boards should be...