{"id":3994,"date":"2023-03-06T19:01:35","date_gmt":"2023-03-06T19:01:35","guid":{"rendered":"https:\/\/fisdomdevel.wpengine.com\/glossary\/proxy-statement\/"},"modified":"2023-03-06T19:01:35","modified_gmt":"2023-03-06T19:01:35","slug":"proxy-statement","status":"publish","type":"post","link":"https:\/\/www.fisdom.com\/glossary\/proxy-statement\/","title":{"rendered":"Proxy Statement"},"content":{"rendered":"<p>\nA Proxy statement is a mandatory requirement as per US SEC\u2019s (Securities &amp; Exchange Commission) guidelines. It is mandatory information which a company needs to provide to its shareholders, if it is listed on US stock exchanges. The purpose of providing a proxy statement to clients is to enable them to make better and informed decisions.<\/p>\n<h2>Key characteristics of Proxy statement<\/h2>\n<p>Some characteristics of Proxy statement are :<br \/>\na) It can include proposal for addition to Board of Directors, information on their salaries etc<br \/>\nb) It contains information related to bonus paid to directors, incentives to key personnel, management decisons and other declarations etc.<br \/>\nc) It needs to be filed with the SEC and then shared with shareholders for making them aware before the voting process<\/p>\n<h2>Importance of Proxy statement<\/h2>\n<p>Proxy statement provides useful information like :<br \/>\na) Related party transactions<br \/>\nb) Loan availed by senior management<br \/>\nc) Compensation\/Bonus of senior management<br \/>\nd) Management Profile<\/p>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>A Proxy statement is a mandatory requirement as per US SEC\u2019s (Securities &amp; Exchange Commission) guidelines. It is mandatory information which a company needs to provide to its shareholders, if it is listed on US stock exchanges. The purpose of providing a proxy statement to clients is to enable them to make better and informed [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-3994","post","type-post","status-publish","format-standard","hentry","category-stocks"],"_links":{"self":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/3994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/comments?post=3994"}],"version-history":[{"count":0,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/3994\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/media?parent=3994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/categories?post=3994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/tags?post=3994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}