Definitions for shareholder resolution
share·hold·er res·o·lu·tion

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1. Shareholder resolution

   With respect to public companies in the United States, a shareholder resolution is a proposal submitted by shareholders for a vote at the company's annual meeting. Typically, resolutions are opposed by the corporation's management, hence the insistence for a vote. For publicly held corporations in the United States, the submission and handling of resolutions is regulated by the Securities and Exchange Commission (SEC). Shareholders submit resolutions dealing primarily with corporate governance, such as executive compensation, or corporate social responsibility issues, such as global warming, labor relations, tobacco smoking, human rights, and animal welfare.Virtually all shareholder resolutions are non-binding (or "precatory," to use the legal term of art). In this sense the voting on these resolutions more closely resembles a poll than it does a (binding) referendum or plebiscite. Still, media coverage of voting on shareholder resolutions tends to focus on whether the proposal received a majority of votes, which occurs in a very small but increasing proportion of cases. According to SEC rules, defeated resolutions may be resubmitted only if they pass certain election hurdles (percentage of affirmative votes). Shareholder resolutions have been an important part of activist campaigns in several cases. For example, resolutions were effective at raising public awareness and thereby pressuring corporate management about investments in apartheid South Africa, nuclear power, and labor disputes. Given these results, resolutions have been spearheaded by several coordinating groups, including the AFL-CIO and the Interfaith Center on Corporate Responsibility. Governmental and labor union pension funds also have become involved in supporting and submitting shareholder resolutions. A shareholder resolution to protest napalm manufacturer Dow Chemical resulted in a U.S. Supreme Court case called SEC v. MEDICAL COMMITTEE FOR HUMAN RIGHTS, 404 U.S. 403 (1972). The court decided that the case was moot due to Dow's agreeing to include the resolution on its proxy statement. The dissent argument by Justice Douglas encourages the SEC to facilitate more shareholder resolutions. "The philosophy of our times, I think, requires that such [404 U.S. 403, 410] enterprises be held to a higher standard than that of the "morals of the marketplace" which exalts a single-minded, myopic determination to maximize profits as the traditional be-all and end-all of corporate concern." [

How to pronounce shareholder resolution?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say shareholder resolution in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of shareholder resolution in Chaldean Numerology is: 4

2. Pythagorean Numerology

   The numerical value of shareholder resolution in Pythagorean Numerology is: 9

Examples of shareholder resolution in a Sentence

1. Dror Elkayam:

   > CompaniesGlencore PLCFollowHSBC Holdings PLCFollowMELBOURNE, Jan 5( Reuters) - International investors with $ 2.2 trillion in assets will ask commodity giant Glencore Plc( GLEN.L) to show how its development of thermal coal mines meets the goals of the Paris climate accord to keep global warming to 1.5 degrees.Glencore is one of the worlds largest producers and traders of the fossil fuel used in power generation and record prices of the commodity helped add some $ 10 billion to its earnings in the six months to June. read more Major institutional investors including Europes Legal and General Investment Management( LGIM) said in a joint statement they have cofiled a shareholder resolution that asks Glencore to reveal how its production and capital expenditure plans align with the Paris goals and the International Energy Agency Net Zero Emissions pathway.Having both invested in and engaged with Glencore over many years, a higher degree of transparency is necessary in order to clarify how the company’s exposure to thermal coal is aligned with the 1.5 C pathway and corresponds to its net zero commitment.

2. Jeanett Bergan:

   As we await new strict coal and fossil fuel policies from Mizuho, we will without a doubt support the new climate change-based shareholder resolution ... at this year's annual general meeting.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Shareholder_Resolution