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Within the past few years, shareholder resolutions have evolved from an annual nuisance that companies largely ignored to one that companies have to take seriously. An evolving trend is for companies to respond by having corporate secretaries and corporate counsel resolve issues raised in such proposals beforehand, keeping them off the proxy ballot. Tina Van Dam, formerly of The Dow Chemical Co., summed up her approach to winnowing down eight shareholder proposals to one: "dialogue."
September 14, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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