Activism and the Move toward Annual Director Elections
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Publication Date:
December 12, 2011
The effect of pressure to move to annual director elections has been dramatic: the proportion of public companies with staggered boards fell from 60 percent in 2002 to less than half in 2011 (and less than a third among the S&P 500). This report documents the extent to which activism pushes corporations to implement annual elections and compares the influence different forms of activism.
