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Industry

Proxy Advisors Welcome FRC Analysis into Industry  

The Financial Reporting Council surveyed companies and investors on how proxy advisors and ESG ratings providers impact shareholder voting, as Europe reviews the effectiveness of industry self-regulation.  

According to proxy advisors, the UK Financial Reporting Council’s (FRC) new research will help “dispel myths” about the industry’s impact on companies and investors.   The proxy advisory industry, which provides investors with research, data and recommendations on voting on company shareholder proposals, has long been contentious, especially amongst the…

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