Is automatic stockholder voting undemocratic? The case of ExxonMobil

David Bernstein

October 20 2025

A close up of shareholders hand casting vote in transparent ballot box, showcasing importance of participation in decision making.

Automatic voting programmes could significantly affect activists’ ability to push through unwanted M&A deals or to oppose deals that are approved by directors

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M&A Goodwin Procter United States

David Bernstein

Counsel Goodwin Procter