Why is it that shareholders should read proxy statements before an annual or special meeting? The information contained in these documents can be useful to investors to understand issues that need a shareholder vote. Proxy statements can be used to raise issues on board nominations, executive compensation, governance and shareholder proposals (depending on the company). By reading the materials, investors have the chance to evaluate each proposal before they vote. Proxy statements can thus be an important component of responsible shareholder involvement. Investors who can't come to the meetings in person can also read the information and vote. A few minutes to learn about the materials can result in more informed corporate voting decisions.