2-3 pages paper
I need 2-3 pages paper on the following instructions. Must follow each step carefully. I mentioned all required reading sources and sample proposal that you need to follow for doing this work. Must provide 100% original answer and include reference at the end of source you used in the APA.
This team assignment requires you to think about the social and environmental issues facing a company of your choice, to identify possible ways the firm can address the issues, and to propose a single issue and action to rectify the situation. This assignment helps develop your ability to identify and resolve a problem and increases your understanding of corporate governance actions.
Your deliverable is a file must include the following:
- The company on which you are filing the resolution
- Your proposal (include a title, resolution and supporting statement; complete 2-3 pages)
- Your supporting statement. This provides your reasons for selecting this company and proposal, including the company’s current activities (or lack of activities) in your selected area. It is best if you include a business argument for accepting the proposal within your proposal’s text and/or supporting statement.
Two sample proposals are included below. Also, you can find many examples on the websites of two organizations that are active in this area:
- As You Sow (http://www.asyousow.org/our-work/current-resolutions/)
- The Interfaith Center for Corporate Responsibility (http://www.iccr.org/2016-proxy-resolutionsand-voting-guide – You must register to receive the report).
- Lastly, you can search the SEC database. (For Searching the Securities and Exchange (SEC) Database, Go to www.sec.gov and Click on the blue “Search EDGAR” box).
Sample Proposal: Apple Computer
Title: Shareholder Proposal Entitled Board Committee on Human Rights
The Company has been advised that Mr. John Harrington, 1001 2nd Street, Suite 325, Napa, CA 94559, who has indicated he is a beneficial owner of at least $2,000 in market value of the Company’s common stock, and Northstar Asset Management Inc., PO Box 301840, Boston, MA 02130, which has indicated it is a beneficial owner of at least $2,000 in market value of the Company’s common stock, intend to submit jointly the following proposal at the Annual Meeting:
Resolution: To amend Article IV of the By-Laws, by inserting after Section 4.1, a new Section 4.2.
Section 4.2. Board Committee on Human Rights. There is established a Board Committee on Human Rights, to review the implications of company policies, above and beyond matters of legal compliance, for the human rights of individuals in the US and worldwide, including assessing the impacts of company operations and supply chains on resources and public welfare in host communities.
The Board of Directors is authorized, by resolution, in its discretion and consistent with these By-Laws, the Articles of Incorporation and applicable law to: (1) select the members of the Board Committee on Human Rights, (2) provide said committee with funds for operating expenses, (3) adopt a charter to govern said Committee’s operations, (4) empower said Committee to solicit public input and to issue periodic reports to shareholders and the public, at reasonable expense and excluding confidential information, including but not limited to an annual report on the findings of the Board Committee, and (5) any other measures within the Board’s discretion consistent with these By-Laws and applicable law. Nothing herein shall restrict the power of the Board of Directors to manage the business and affairs of the Company. The Board Committee on Human Rights shall not incur any costs to the Company except as authorized by the Board of Directors.
The proposed by-law would establish a separate Board Committee on Human Rights, which would elevate board level oversight and governance regarding human rights issues raised by the Company’s activities and policies and provide a vehicle to fulfill the Board’s fiduciary responsibilities for oversight of these issues.
In recent years the Company has become embroiled in public controversies regarding the human rights implications of its products and supply chains, including but not limited to controversies related to the Foxconn Technology Group, a supplier of many key items for Apple with facilities located in China and elsewhere. The proposed by-law would establish the vehicle of a Board Committee, but would leave the process of appointment and implementation of the Committee to the full Board of Directors.”