Proxy advisory

Proxy advisory refers to professional firms that analyze and provide recommendations on how shareholders should vote on company issues, such as electing board members or approving policies. They review company reports and governance practices to offer insights, helping investors make informed decisions. These advisories aim to promote good corporate governance and align shareholder interests, often influencing voting in shareholder meetings. Essentially, proxy advisory firms act as independent guides, simplifying complex governance topics for shareholders to ensure their votes support responsible and strategic company management.