proxy advisory firms

Proxy advisory firms are companies that provide services to shareholders, guiding them on how to vote on corporate issues, such as board elections and executive compensation. They analyze company practices and provide recommendations based on their research. These firms help investors, especially institutional ones, make informed decisions during shareholder meetings. While they influence voting outcomes, their recommendations can vary, reflecting different viewpoints on corporate governance. Overall, proxy advisory firms play a significant role in promoting transparency and accountability in the corporate sector.