Forum Home Page [see Broadridge note below]

 The Shareholder ForumTM`

Fair Investor Access

See related case examples of

Dell Inc.

investor rights to intrinsic value realization


Walgreen Co.

stock buyback policies

"Fair Access" Home Page

"Fair Access" Program Reference

For graphs of specific company and related industry returns, see

Returns on Corporate Capital

For graphs of specific company voting for the past 5 years, see

Shareholder Support Rankings






Forum Report: Fair Investor Access

Reports of Shareholder Voting Data and Trends

Two reports of shareholder voting results have been published with data based on total voting power, providing important information about "absent" votes (abstentions, broker non-votes and votes not present), as distinguished from the commonly reported ratios based only on votes cast "for" and "against." This allows a more practical analysis of shareholder support for a company's management, relative to other companies or to groups of comparable companies.

Votes for Management Compensation

 Both of these reports present analyses of trends in shareholder voting as well as proposal activity, and provide tables of specific details for each company in the stated coverage category:

The voting results provided by these reports are essential to any professionally rigorous analysis of investor support for either corporate policies or the management of particular companies. Whether you are an investor evaluating companies or identifying activist targets, a corporate manager responsible for understanding and responding to investor interests, or an expert offering advice to one of these decision-makers, this definitive measurement of corporate management will be critical to your competitive success.

GL – January 14, 2013

Gary Lutin

Chairman, The Shareholder Forum

575 Madison Avenue, New York, New York 10022

Tel: 212-605-0335



This Forum program is open, free of charge, to anyone concerned with investor interests in the development of marketplace standards for expanded access to information for securities valuation and shareholder voting decisions. As stated in the posted Conditions of Participation, the Forum's purpose is to provide decision-makers with access to information and a free exchange of views on the issues presented in the program's Forum Summary. Each participant is expected to make independent use of information obtained through the Forum, subject to the privacy rights of other participants.  It is a Forum rule that participants will not be identified or quoted without their explicit permission.

This Forum program was initiated to address issues and objectives defined by participants in the 2010 "E-Meetings" program relevant to broad public interests in marketplace practices, rather than investor decisions relating to only a single company. The Forum may therefore invite program support of several companies that can provide both expertise and examples of leadership relating to the issues being addressed.

Inquiries about this Forum program and requests to be included in its distribution list may be addressed to

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.