Shareholder Proxy Voting Companies

During the shareholder approval processes, executive compensation determination and corporate governance decisions, M&A bankers need to explain & provide information to shareholders on the best decision for the firm rather than leaning on shareholder proxy companies like Glass Lweis Co & Institutional Security Services. When numerous shareholders pass voting power to these firms, their undue influence harm long-term shareholder interests. Although they can check against dominant managers (i.e. non-co-founder CEOs), the make certain business environment unattractive. In the UK, the HSBC CEO made 12 million pounds, compared to JPMorgan CEO who made 35 million. JPMorgan CEO compensation was abysmal to say the least given the unprecedented financials to accumulated in 2023. JPMorgan made 20% of ALL US BANKING PROFITS with 49 billion dollars, was acquiring banks when others failed or where weak, and has over 200 billion market difference than the next bank in the US. Frankly, he should have made 100 million for such brilliant performance in a time of crisis, leading the firm forward. Such brilliance can be overlooked, expected or ignored by these services group. Restrain is needed on this group to continuously align to goal of increasing shareholder value.