CORPORATIONS

We can improve both financial and social performance of corporations by making management more accountable to shareowners. Voter-funded media would provide that accountability through independent professional monitoring of management, enabling us shareowners to exercise our voting power more effectively.

Proxy advisory firms such as ISS and Glass Lewis fulfill some of that monitoring role now, but are limited by inadequate funding. We propose paying them with corporate funds allocated by shareowner vote, so that advisory firms would become voter-funded media. We shareowners would be willing to pay more as a group than we now pay one at a time.

Our publications explain the reasoning behind these ideas -- see especially Proxy Voting Brand Competition.