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YES, nO 6 people found this helpful.These incumbents use various corporate governance tactics to stay in power, including: staggering the boards, controlling access to the corporation's money, and creating restrictive requirements in the bylaws.As a costco executive membership rebate result, most proxy fights are unsuccessful.Most Viewed, browse Definitions by Letter:.Tell a friend about us, add a link to this page, or visit the webmaster's page for free fun content.That agent is the shareholder's proxy.Proxy fight, a proxy fight or proxy battle is an event that may occur when a corporation's stockholders develop opposition to some aspect of the corporate governance, often focusing on directorial and management positions.M - Online Investing Glossary, use proxy contest in a sentence.Shareholders of a public corporation may appoint an agent to attend shareholder meetings and vote on their behalf.
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Proxy fight - a measure used by an acquirer to gain control of a takeover target; acquirer tries to persuade other shareholders that the management of the target should be replaced takeover attempt - an attempt to take control of a corporation.Corporate activists may attempt to persuade shareholders to use their proxy votes to install new management for any of a variety of reasons.Related to Proxy Fights: Proxy contest, thesaurusAntonymsRelated WordsSynonyms, legend: Switch to new thesaurus.There was a proxy contest as the takeover was theoretically imminent but there were other tactics capable sandboxie giveaway of being employed.However, it has been recently noted that proxy fights waged by hedge funds are successful more than 60 of the time.C D, e F, opensim freebies g H, i J, k L, m N,.Disclaimer and Copyright proxy proxy directive.In a proxy fight, incumbent directors and management have the odds stacked in their favor over those trying to force the corporate change.Want to thank TFD for its existence?Activist investors are in the process of waging a proxy contest seeking to replace the existing Board of Directors with individuals of their own choosing.(redirected from, proxy Fights also found in: Thesaurus, Financial.
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