Search
Media & Resources
Proposal fails even though founder Larry Ellison owns about 28% of stock.
Move comes as company says it will halve its dividend.
Future of the distribution rules is linked to the outcome of tax reform.
Public companies must be prepared to report the ratio in their 2018 proxies.
Almost a fifth of treasurers surveyed said their companies don't check suppliers' ID authentication methods.
Move underscores U.S. companies' uncertainty about tax reform.