Proxy Voting Persists in the World of Corporate Governance
In a political system that prides itself on the privacy of the vote, such as ours in the United States, it might seem unethical to assign your vote to another person because you can’t be present to cast it yourself. However, when the U.S. was little more than a collection of colonies with sparsely populated settlements, this process was tolerated – and sometimes encouraged – purely out of necessity.