Moxy Vote Newsroom
Will New Tools Help Small Shareholders Topple Giants?
- Jan 09, 2012The Wall Street Journal
"Mechanisms like these," says James McRitchie, who runs CorpGov.net, a shareholder-activism site, "will eventually lead to the revolution in corporate governance that people have been talking about for many years."
Read moreBank Foreclosures Draw Investor Ire
- Dec 29, 2011The Murninghan Post
But it’s not just institutional investors who have clout. Individual investors can flex their ownership muscles, too, through an exciting new service. Moxy Vote was set up to give individual shareholders a voice in company boardrooms. “We want to empower the little guy,” Moxy Vote states on its website.
Read moreSome Boiseans use social network in effort to influence corporations
- Nov 30, 2011IdahoStatesman.com
“Moxy Vote offers individuals a way to make a difference and take action" by working within the system, Schlegel said. Through Moxy Vote, shareholders align their proxy votes with other shareholders to make a bigger impact, he said.
Read moreWhy Majority Should Rule
- Sep 28, 2011Canadian Lawyer Magazine
She predicts investor engagement is only going to increase in the coming years, so calls for improved shareholder democracy are not going to get any quieter. The most recent trend has seen web sites like moxyvote.com attempting to mobilize and band together disparate retail investors into a cohesive voting bloc, exerting greater influence on the companies in which they invest.
Read moreWhat Happens When Shareholders Socialize?
- Sep 07, 2011CFO.com
Websites like StockTwits and Moxy Vote have provided shareholders an online platform to discuss their stocks and organize around causes in real time. In some cases, individual shareholders voting through such sites have been able to oust CEOs and stop mergers and acquisitions in their tracks. Few sites have had as much success in this as Moxy Vote, a free service that launched in 2009 and allows small shareholders to join forces with established advocacy groups that share their views.
Read moreShareholder Resolutions Receive Record Levels of Support in 2011
- Aug 17, 2011TriplePundit
The website Moxy Vote, which also summarized the proxy season with a report of its own, looked at environmental and social resolutions separately. It found that the environmental resolutions included issues such as sustainability reports, the reduction of greenhouse gas emissions, an increase in sustainable business practices, and climate change mitigation efforts. Social shareholder resolutions included topics such as human rights, diversity initiatives, and animal welfare efforts.
Read moreHow Shareholders are Battling Excessive Executive Compensation
- Jun 30, 2011Triple Pundit
By owning shares of stock you have the right to vote. Upon receiving those boring proxy statements in the mail, be sure to open up to the ballot and spend 5 minutes looking at the four to five resolutions, check the box you deem correct, and mail it back. It’s that simple. And if you still feel uncomfortable doing this, companies such as Moxy Vote have stepped in to make matters easier, by aligning your voting beliefs with others in the public.
Read moreFor Directors, Shareholder Activism Is Now a Digital Phenomenon
- Jun 20, 2011NACD Directorship
Small investors, representing around 2.6 million shares, responded warmly. Six days after a contentious board meeting, Chief Executive Terry Semel stepped down. •Activists are using social media to influence mergers and acquisitions, as we saw when shareholders in On2 Technologies used a venue called Moxy Vote to consolidate their ranks and expedite voting, ultimately forcing Google to increase its bid for the company by 25 percent.
Read moreCAT Gives Its Voters New Voice Online
- Jun 13, 2011Journal Star
The Moxy Vote website was launched in November 2009, funded by TFS Capital in Westchester, Pa., said spokeswoman Jessica Clarke. "Moxy Vote is changing things in corporate America. Shareholders have become more aware of the issues and can see how their peers are voting. Shareholders can also participate in online conversations at the site," she said.
Read moreAnalysis: Janus Faces Pay Pressure after Shareholder Vote
- May 31, 2011Reuters
Nearly two dozen other companies have gotten similar feedback this proxy season. But for Janus, the vote was particularly stinging; by some measures, it is more aggressive than other big asset managers on the subject of executive pay. If Janus fails to change its own pay now, "the risk is they would be viewed as being hypocritical," said Jeff Marshall, co-founder of Moxyvote.com, which tracks corporate governance issues.
Read moreHow Activist Investors Use Social Media to Influence Companies
- May 25, 2011Mashable
Among the most interesting developments is MoxyVote, a social network of corporate shareholders and advocates that aggregates investor proposals, expedites proxy voting, and helps investors support “good causes” in the areas of labor, the environment, animal welfare, and corporate governance, to name a few. Notably, investors in On2 Technologies recently turned to MoxyVote to force Google to increase its bid for the company by 25%.
Read moreDecipher That Proxy Statement, Don't Dump It
- May 21, 2011MarketWatch, The Wall Street Journal
Retail investors are throwing away trillions of dollars' worth of influence, unlike institutional shareholders like hedge funds, according to Moxy Vote's Douglas Gates, who says his company has simplified the decision process.
Read moreShareholders Voice Concerns on Fracking
- May 20, 2011Pittsburgh Post-Gazette
Shareholders at some of the country's largest energy companies have introduced resolutions that take aim at the controversial process responsible for extracting the lucrative natural gas tucked inside the Marcellus Shale formation. Meanwhile, shareholder advocacy groups have endorsed the resolution through email blasts or on online-proxy-voting sites like MoxyVote.com.
Read moreThe Floodgates Are Open: Shareholder Activists Intensify Social Media Utilization
- Apr 26, 2011Forbes
• Moxy Vote is a two-year-old social network for investors and advocates that co-founder Mark Schlegal calls “a proxy adviser for the individual.” Investors can send proxies to Moxy Vote and vote directly from the site. Thanks to Moxy Vote, small shareholders in On2 Technologies forced Google to increase its bid for the company by 25%.
Read moreProxy Season For Shareholders
- Apr 08, 2011FoxNews.com Live
Watch Mark Schlegel's interview on FoxNews.com Live and learn how Moxy Vote can help shareholders vote their proxy ballots this upcoming proxy season.
Read moreShareholders Can Question 'Fracking'
- Apr 05, 2011The Philadelphia Inquirer
"Roughly 30 percent of all shares are owned by individuals, and yet only 5 percent vote," said Mark Schlegel, head of Moxy Vote, in West Chester. While there are institutional proxy-voting services, Schlegel says MoxyVote.com may be the first firm devoted to the "little people" - retail investors - allowing them to vote their shares through the Internet.
Read moreA Key Takeaway From Buffett's Blunder
- Apr 04, 2011The Motley Fool
Moxy Vote, an online vehicle for shareholder activism through proxy voting, tracks upcoming votes related to various causes at companies' annual meetings. Right now, the site has highlighted several corporate governance-related shareholder proposals that will be subject to voting in the next few weeks
Read moreCEO Pay Soars While Workers' Pay Stalls
- Apr 01, 2011USA Today
Most advocates that monitor proxy voting are in favor of companies having to put their CEO pay packages up for a vote every year, says Jeff Marshall, co-founder of Moxy Vote, a website that advises shareholders on how to vote at annual corporate meetings.
Read moreActivist Investors Turn to Social Media to Enlist Support
- Mar 24, 2011New York Times Deal Book
Moxyvote.com, a two-year-old site that estimates it has thousands of users, is trying to make it easier for small investors to vote their shares.
Read moreVoting Proxies (and Protecting Your Investment) in 60 Seconds or Less
- Mar 21, 2011BNet
The One-Minute Proxy Vote: this is one time when you are allowed to cheat from your neighbor's paper.
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