LAW 533 Lecture Notes - Lecture 3: Goldcorp, Nonprofit Organization
13 Feb 2018
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Cbca = possible for shareholders to make proposal, that must be considered by the board and other shareholders at an annual meeting. Has to be related to the business. Just giving money to a great cause wouldn"t work. Would be possible to reject it even if it was supported by %90. Non-profit organization, concerned individuals about negative mining activities. They are a watchdog organization, canadian and elsewhere. Goldcorp: received a draft proposal for a shareholder for an item to be added to an agenda: human rights fact assessment in guatemala local community going to do it by gold corp in guatemala. These particular shareholders are concerned that there is negative activity. There was no shareholder proposal, it was a draft, gold corp said they were. We want to invest but we just want to make sure you"re doing the right thing. Small group of investors were (cid:498)bad(cid:499) because they didn"t consult with the.
