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Viacom Board Scraps Pay for Redstone
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Shareholders get another chance

Los Angeles Times

It's "proxy season" again for most public companies — called that because most shareholders submit their votes via proxy rather than attend the companies' annual meetings in person. This year's season represents a critical juncture in public company corporate governance because of the 2012 season, which earned the moniker "Shareholder Spring" in some circles. The reference was to the dramatic "Arab Spring"across the Middle East, which was marked by wide-scale protests seeking reform within autocratic governments.