The Shareholder Forum™

supporting investor access to decision-making information

Forum Home Page [see Broadridge note below]

The Shareholder ForumTM acts as an independent, non-partisan moderator of programs to provide both investor and corporate participants with access to information and free exchanges of views relating to shareholder capital commitment and voting decisions.

Initiated in 1999 by the New York Society of Security Analysts to address the professional interests of its members and to serve a public education purpose, the Shareholder Forum has continued since 2001 under independent management with conditions of participation that support the fair and open resolution of issues. Participation in programs is free to all investors as well as to corporate managers and others concerned with their interests.

Whether addressing a company-specific decision or a broadly applicable marketplace practice of public interest, all Shareholder Forum programs are pragmatically focused on defined issues that are relevant to investor decisions. Requests for a program can be initiated by any investor or corporate manager, and will be considered based on an issue’s importance to objectives of long-term wealth creation.

 

 

Current Programs

 

Company-Specific

Investor Decisions

Public Interest

Marketplace  Decisions

Dell Inc.

special project of the public interest program for

Fair Investor Access

providing an
independent, peer-reviewed valuation report
for the benefit of shareholders

 

 

Selection of Case Example

for New Project

Suggestions of candidates will be welcomed for a new

project summarized in the following excerpts from the

October 25, 2012 Forum Report:

Addressing Ultimate Investor Objectives

and updated in the

December 21, 2012 Forum Report:

Candidates for an Activist “Golden Goose” Analysis

 

Valuing Long Term Enterprise Success:

a golden goose analysis

          Many Forum participants have become interested in the controversies about long term and short term investment views based on concerns about ultimate investor value realization and capital allocation,[3] including fundamental questions about “shareholder value” concepts.[4] The issues have also been presented in very practical terms by the recent popularity of activist campaigns that call for selling, splitting or otherwise liquidating corporate assets as an alternative to long term investment in an enterprise – the proverbial question of how to best realize the value of a golden goose.

          ...What we need to get started is a good company example, and your suggestions of candidates will be appreciated. The company should be considered well managed as an enterprise, but presented with an activist challenge to consider alternatives for immediate value realization of all or parts of the company. Ideally, we would prefer an example in which the company actively supports the Forum’s independently moderated review of carefully defined issues to assure management’s understanding and effective response to investor interests.

 

Fair Investor Access

Establishing consensus marketplace standards for

improved investor access to decision-making information

February 6, 2013 Forum Report

What Sources Should Investors Rely Upon?

This program was initiated to address

corporate and investor interests reported in

the Forum’s 2010 “E-Meetings” program

that established consensus standards for

Electronic Participation in Shareholder Meetings.

See also related communication issues

addressed in the Forum's

2008 "Say on Pay" program

and in these reports of Forum surveys:

December 14, 2009

Investor Voting Criteria

for Compensation Issues

and

October 6, 2010

Investor Communication Priorities

for Voting Decisions

For recent research confirming investor preferences

established by the 2010 Forum survey, see:

Brunswick Group

January 2013

2012 Analyst and Investor Survey

Trends in the Use of Digital & Social Media

by the Investment Community

 

 

 

 
   

 

 

 

Archive of Publicly Open Programs

Since 1999

 

 

 

 

Inquiries, requests to be included in email distribution lists, and suggestions of new Forum subjects may be addressed to inquiry@shareholderforum.com.

It is the policy of Forum programs to be open to all shareholders of a subject company and to any fiduciaries or professionals concerned with their decisions, according to the Forum’s stated "Conditions of Participation." In all cases, each participant is expected to make independent use of information obtained through the Forum, and participation is considered private unless the party specifically authorizes identification.

The information provided to Forum participants is intended for their private reference, and permission has not been granted for the republishing of any copyrighted material. The material presented on this web site is the responsibility of Gary Lutin, as chairman of the Shareholder Forum.

Shareholder Forum™ is a trademark owned by The Shareholder Forum, Inc., for the programs conducted since 1999 to support investor access to decision-making information. It should be noted that we have no responsibility for the services that Broadridge Financial Solutions, Inc., introduced for review in the Forum's 2010 "E-Meetings" program and has since been offering with the “Shareholder Forum” name, and we have asked Broadridge to use a different name that does not suggest our support or endorsement.