trending Market Intelligence /marketintelligence/en/news-insights/trending/pHdhXC4-LVzAzgnAan9SYA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Goldman Sachs board asks shareholders to vote down written-consent proposal

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Goldman Sachs board asks shareholders to vote down written-consent proposal

Goldman Sachs Group Inc. asked shareholders to vote down a proposal, in their annual shareholders' meeting on May 2, that would allow shareholders to authorize actions by written consent.

Shareholder activist John Chevedden argued in his proposal that the 25% threshold for shareholders to call a special meeting may be unreachable due to time constraints and various technicalities involved. He also argued that allowing shareholders to act by written consent would give the board a greater incentive to oversee various legal and regulatory issues more effectively and prevent them from occurring again. Chevedden, who has put forward similar proposals at other companies, argued that shareholders would likely not need to use the right of written consent because its very existence would ensure that the company was better overseen.

Goldman Sachs' board said the proposal, if approved, would promote short-term thinking among shareholders and allow special interests to prevail as the board could be denied an opportunity to suggest alternative proposals. The company also argued that shareholders could exploit the process by soliciting multiple written consents that could be duplicative or contradictory.