Last week BlackRock announced it will allow proxy access! A careful read of the news and some other research shows that the company did so in about as disingenuous a way as they could.

Their announcement reinforces the company's tenuous position as one of the most corporate of institutional investors. How it handles its own corp gov betrays its public proclamation of "strong corp gov" that follows "latest best practices."

BlackRock's announcement highlights two important nuances about proxy access common to many companies, about what proxy access does and does not allow shareholders to do, and the process by which companies adopt proxy access. In a current blog post, we show how BlackRock and others could have done better for shareholders in both ways.

You can find other useful resources at the TAI website, including our research on "Effective Activism", our new resource guides on attorneys for activist investors and on activist investing data sources, our white paper with the basics on activist investing, and our new guides on exempt solicitation, consent solicitation, and special shareholder meetings.