GeneralBullishFortune Crypto · 4h ago6/10
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Texas Stock Exchange CEO: exchanges can build on Exxon’s retail model to rein in proxy advisors
The Texas Stock Exchange CEO highlights how ExxonMobil's successful retail investor mobilization against proxy advisors Institutional Shareholder Services and Glass Lewis demonstrates a viable model for other public companies to reduce institutional intermediary influence. The exchange plans to scale this strategy across its issuer base to democratize corporate governance.
