Rule 14a-8

2/22/2024 pdw

Managers rarely support shareholder proposals. Shareholder proposals call for changes. If the managers wanted changes, they wouldn't wait for shareholders to propose it.

This section, known as Rule 14a-8, describes how shareholder proposals are submitted. It also provides the acceptable reasons managers can use to exclude shareholder proposals from the ballot. Pay close attention to the excludable reasons in question 9.

This book, and all H2O books, are Creative Commons licensed for sharing and re-use with the exception of certain excerpts. Any excerpts from the Restatements of the Law, Principles of the Law, and the Model Penal Code are copyright by The American Law Institute. Excerpts are reproduced with permission, not as part of a Creative Commons license.