The White House has just issued a new executive order targeting proxy advisory firms. The goal? To curb how these external entities attempt to influence the decision-making of publicly listed companies. It is part of broader efforts to reshape corporate governance dynamics and reduce external influence on shareholder voting. This move may indicate a shift in how regulatory frameworks will handle advisory intermediaries in the future.
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The White House has just issued a new executive order targeting proxy advisory firms. The goal? To curb how these external entities attempt to influence the decision-making of publicly listed companies. It is part of broader efforts to reshape corporate governance dynamics and reduce external influence on shareholder voting. This move may indicate a shift in how regulatory frameworks will handle advisory intermediaries in the future.