Best practices on recently adopted reforms
Congress, the U.S. Securities and Exchange Commission (SEC), and the national securities markets recently adopted reforms to strengthen shareholder-director communications and enhance related disclosures. The business community strongly supports these reforms, and corporations have explored new ways to implement them. To assist in this effort, Business Roundtable has developed five guidelines to serve as best practices for shareholder-director communications.
Laws and regulations cannot substitute for simple business sense and common courtesy — qualities that mandate fair, respectful treatment of shareholders and their views. It is with these qualities in mind that we developed the guidelines and commentary in this report.