Corporate Proxy Groups

It is irrational for investors in mutual funds with hundreds of low-value stocks to thoroughly investigate people running for each board.  If you invest $100 in a stock of a company with millions of shares, how will your hundreds of hours of research into all the candidates to that company board be worth your time?  We cannot even get people to pay attention to the facts surrounding the presidential election in large enough numbers.

Many of the Haley2024 reforms of moving sectors out of government, require this Corporate Proxy Groups reform.

The Haley2024  Plan

The Haley2024 plan is to allow many proxy groups organized in CRA’s and rated on many issues.  These groups would do the research and strive to elect honest, ethical, and competent people to boards and other positions of power.  There are many different ideas on how corporate boards should operate.  They would look at issues such as ethics, principles, social responsibility, outsourcing, environmental concern, standards of fair competition, fraud, abuse of power, compensation, and a variety of other issues.

The corporate board election would be structured in such a way that individuals can very quickly turn their proxies over to proxy groups of their choice.  Those groups would be able to bundle those proxies and have the power to affect the board of director and CEO elections.  These would also include mutual funds and other investments where many stocks are buried layers deep through corporations.  All the stocks should be dug out and should go back to the individual owners and then to their chosen proxy groups.

Funding would be required from corporations.  The amount would be based on the usefulness of ratings.
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