The shareholder voting season across Europe is just getting into full swing but already the militancy of investors is noticeable in the wake of the financial crisis.
Protest votes on pay Xstrata suffered a stinging protest by shareholders over its pay policies on Tuesday as more than a third of votes cast on its remuneration report at its annual meeting failed to back it.
BP experienced a similar protest vote against its remuneration plan last month and pay is expected to be a contentious issue at Shell’s annual meeting this month.
See full Article.
Posts
