If you trade stocks, you will encounter the annual proxy
ballot. I'm curious about how others deal with it.
I used to ignore them, but eventually I figured that for
zero cost, they gave me a chance to say...something. I
still ignore the ballots where the only things on them
are election of directors and approval of the choice of
auditor.
For my micro-caps, when they've had a good year,
management often seeks to make more shares available
for executive stock options. I vote against these or
any similar proposals, no matter how remotely
dilutive -- always.
The big-company stocks that my financial manager puts me
into have ballots that are laden with activist shareholder
initiatives. Some of these indicate sound attempts to
reign in management excess in executive salaries, etc.
Others seem flaky, such as declarations of environmental
steward****p. However, I always vote in favor of every
single shareholder proposal.
--
Charles Packer
http://cpacker.org/whatnews
mailboxATcpacker.org
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