Section: August 17, 2023 | Vol. 28, Issue 30
Dramatically fewer shareowner resolutions won majority support from January to June 2023 than during the same period in 2022. In the first half of this year, 30 shareowner proposals at 28 companies won majority support, down 53% from 64 proposals at 57 companies during the same period last year.
President Biden’s August 9 executive order banning new U.S. investment in key national security technologies and products in China, included a request for market participants to submit comments on the planned restrictions.