Procter & Gamble Faces Pressure to Preserve Shareholder Access Rights

The National Legal and Policy Center (NLPC) is urging companies to preserve shareholder access rights, even as business groups push for higher barriers for activist investors.

As regulators consider increasing eligibility thresholds for shareholder proposals in proxy statements, the NLPC is asking companies like Procter & Gamble to honor existing threshold rules now.

The move comes as business groups seek higher hurdles for activist investors to file shareholder proposals. The NLPC's stance is that companies should commit to preserving access regardless of how regulations may change.