Share buybacks impact a company’s capital structure, and investors may voteagainst excessive buybacksif theyweaken financial stability or reduce reinvestment in sustainable growth.
Auditor compensation (B) and board elections (C) are important but do not directly affect capital structure decisions.
[References:, CFA Institute Shareholder Voting & Capital Allocation Guide, MSCI Corporate Governance Reports, Principles for Responsible Investment (PRI) Stewardship Framework, ========, , ]
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