House Hearing Reveals Influence of Proxy Advisory Firms on Corporate Governance

"Finally, someone is addressing the proxy firm influence!"

"How do we know these firms aren't biased in their recommendations?"

"This is a classic case of too much power in too few hands."

"Can we trust proxy firms if they have their own agendas?"

"What would a fairer proxy advisory system look like?"

"I doubt many investors even know how these firms operate."

"If ESG is so good, why are companies struggling with it?"

"Isn't it funny how these firms control the narrative?"

"Maybe we need a meme to explain this proxy advisory mess!"

"Will Congress actually do anything about this issue?"

"The sooner we reform this, the better for everyone involved."
2025-04-29T03:26:26Z

George Bennett
Source of the news: Forbes