Bass, Berry & Sims attorney Kevin Douglas authored an article published by Law360 on the growing trend in support for proxy access among shareholders. In the article, Kevin weighs the pros and cons of adopting proxy access for a public company and concludes “on balance, we believe that many public companies that have not yet adopted proxy access or received a proxy access shareholder proposal, particularly those in the mid-cap and small-cap sectors, will deem it advisable to defer adopting proxy access bylaws at this time.”
The full article, “Should Public Cos. Voluntarily Adopt Proxy Access?” was published by Law360 on September 13, 2016, and is available online.