Define: Proxy Vote

UK Accounting Glossary

Definition: Proxy Vote



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Full Definition of Proxy Vote


A proxy vote is a vote by one entity on behalf of another. In investments, shareholders often give company management the right to cast their vote as a proxy vote at a shareholder’s meeting. Shareholders complete a form called a “proxy form” from the issuer to exercise their proxy vote and assign the proxy vote over to management on the issue scheduled for vote indicated in proxy materials. Sometimes shareholder groups create a proxy vote committee to express a special interest of shareholders by proxy vote at the company annual meeting. Some proxy vote activists have asked proxy vote officials at mutual funds they own for proxy vote transparency with reference to executive pay at companies the funds own. Other proxy vote activists ask that all public company proxy vote policies be publicly disclosed in SEC filed materials. Mutual funds own a significant portion of all large-company stock voted by proxy vote, therefore fund investors may continue to encourage mutual fund management to use there influence to monitor and improve proxy vote policy.


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Proxy Vote. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 02, 2020 https://payrollheaven.com/define/proxy-vote/.
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Proxy Vote. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/proxy-vote/ (accessed: April 02, 2020).
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Proxy Vote. PayrollHeaven.com. Retrieved April 02, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/proxy-vote/

Definition Sources


Definitions for Proxy Vote are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th February 2020.