Shareholder Resolutions & Corporate Engagement
The Nathan Cummings Foundation works both independently and with other investors to file shareholder resolutions on issues with implications for both long term shareholder value and the Foundation's core program areas. Over the last eight years, NCF has filed more than 80 shareholder resolutions on issues ranging from climate change to the re-importation of prescription drugs.
A number of the Foundation's resolutions have been withdrawn following successful negotiations with companies. Others have proceeded to a vote year after year with little to no interaction with the receiving company. Votes on NCF's shareholder resolutions range from a low of 2 percent at a company with dual classes of stock, to a high of 57 percent for a 2010 resolution requesting that Chesapeake Energy provide investors with a say on pay.
Click here for more information on the results of NCF's shareholder resolutions.