Goldman Sachs Sends All Timely Shareholder Proposals to Votes

Goldman Sachs Group Inc. is putting every shareholder proposal that was submitted on time to an annual meeting vote—a move that demonstrates the pressures companies are facing without the SEC’s guidance on proxies.

The decision comes “in light of uncertainty” due to recent changes at the SEC, the company told shareholders in its Friday proxy statement. Goldman stressed that it believed some of the proposals could have been properly excluded.

“As a matter of good governance and transparency, we have voluntarily determined to include timely received shareholder proposals” for votes at the April 29 annual meeting, the filing said. ...