Wednesday, July 19, 2006

Investor Engagement on the Rise in Europe

Shareholders are filing a growing number of resolutions at continental European companies, according to an analysis of ISS proxy data.
ISS has tracked a total of 299 shareholder proposals filed at continental European firms through June 30, which traditionally marks the end of the European proxy season. The figure represents a 25 percent increase over the number of proposals tracked during the same period last year. For the entire year, ISS is projecting that the total number of shareholder resolutions will significantly exceed the 384 investor resolutions filed in calendar year 2005.

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