Browsing All posts tagged under »Fiat Industrial«

The Italian “shareholders’ spring” is very late, but something is changing

June 29, 2012

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A strongly concentrated ownership structure, local actors that are basically passive and its nature of peripheral market for large institutional investors contributed to keep Italian companies far from the “shareholders’ spring”. No relevant news came from the 2012 proxy season, or at least it seems so looking at the meeting minutes: remuneration policies, incentive plans […]

Election of the Board: is the Italian “voto di lista”, as defined by the By-laws, still valid? The cases (of many) of Fiat, UniCredit and Prysmian

April 24, 2012

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The “voto di lista” mechanism is compulsory for Italian listed companies since 2007 and calls for shareholders to vote on slates of nominees, submitted by both controlling shareholders and minorities. Through such mechanism, the worthy goal is to ensure a minority representation on corporate boards, providing that at least one director has to be elected […]