Proxy vote
Vote cast by one person or entity on behalf of another.
Prudent-man rule
A common law standard against which those investing the money of others fiduciaries) are judged.
Proxy Vote Vote cast by one person on behalf of another at the company's annual meeting.
An independent third party or employees sworn to secrecy are used to count proxy votes, and the management usually agrees not to look at individual proxy cards.
Proxy Solicitor A specialist (firm) hired to gather proxy votes. Proxy statement Document intended to provide shareholders with information necessary to vote in an informed manner on matters to be brought up at a stockholders' meeting.
The acquirer and target solicit the target's shareholders to obtain proxy votes.
A written authorization by a shareholder for another party to cast votes on their behalf at a shareholder meeting. Proxy votes are often gathered by dissident shareholders who wish to force the board of directors to change policy.
Proxy Solicitor
Definition: [crh] A specialist (firm) hired to gather proxy votes.
A written authorisation given by a shareholder to someone else to vote his or her shares at a shareholder's meeting. Fund management agreements often delegate the authority to the investment manager to exercise proxy votes on behalf of the client.
The acquirer tries to persuade the shareholders of the target company that the present management of the firm should be ousted in favor of a slate of directors favorable to the acquirer. If the shareholders, through their proxy votes, agree, ...
partnership with each party having the same number of Directors but rotating control over the firm, or rights to appoint the Chairperson and Vice-chair every year. Sometimes a party may give a separate trusted person to vote in its placeproxy vote of ...
meeting, where stockholders usually receive one vote per share. In reality, however, most private investors' stakes are insignificant and many do not attend the annual general meeting and their votes revert to management in the form of proxy votes.
proxy vote A vote that is cast by one entity on behalf of another. In the context of securities,... Prudent Expert Act The revised version of the prudent man rule required by ERISA to guide managers of pension and profit sharing portfolios.
 See also: Expense, Banks, Proxy fight, Values, Funding
  
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