Home › Asset managers › Morgan Stanley › 2025-2026 › Against the board
At least 6,086 proposals in the 2025-2026 proxy season: Morgan Stanley voted against, or withheld its votes from, at least 6,000 proposals put forward by company boards, and voted for 86 shareholder proposals, by its own Form N-PX filings.
Two kinds of vote are listed: a board-sponsored proposal Morgan Stanley voted AGAINST or withheld on, and a shareholder proposal it voted FOR, with the board’s recommendation on it where the filings show one. A FOR vote on a proposal the board supported, or took no position on, is listed and labelled, but it is not a vote against the board. One row is one proposal at one meeting; “funds” is how many of the manager’s funds or accounts voted that way.
Everything Only shareholder proposals it backed
6,086 proposals. The board-sponsored half of this list keeps the 6,000 proposals with the most funds behind them; the rest are in the interactive database. Every shareholder proposal it backed is listed in full.
| Company | Meeting | Proposal | Category | On the ballot from | Board recommended | Morgan Stanley voted | Funds |
|---|---|---|---|---|---|---|---|
| Guangdong Investment Limited | June 29, 2026 | Elect Chan Cho Chak, John as Director | Director Elections | Board | AGAINST | 1 | |
| Guangdong Investment Limited | June 29, 2026 | Elect Cheng Mo Chi, Moses as Director | Director Elections | Board | AGAINST | 1 | |
| Guangdong Investment Limited | June 29, 2026 | Elect Li Man Bun, Brian David as Director | Director Elections | Board | AGAINST | 1 | |
| Guangzhou Tinci Materials Technology Co., Ltd. | March 31, 2026 | Approve Provision of Guarantees | Capital Structure | Board | AGAINST | 1 | |
| Guolian Minsheng Securities Company Limited | June 15, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Guotai Haitong Securities Co., Ltd. | April 30, 2026 | Approve Grant of General Mandate to the Board to Issue Additional A Shares and/or H Shares | Capital Structure | Board | AGAINST | 1 | |
| H World Group Limited | June 26, 2026 | Elect Director Justin Martin Leverenz | Director Elections | Board | AGAINST | 1 | |
| H&M Hennes & Mauritz AB | May 5, 2026 | Reelect Anders Dahlvig as Director | Director Elections | Board | AGAINST | 1 | |
| H&M Hennes & Mauritz AB | May 5, 2026 | Reelect Christian Sievert as Director | Director Elections | Board | AGAINST | 1 | |
| H&M Hennes & Mauritz AB | May 5, 2026 | Reelect Christina Synnergren as Director | Director Elections | Board | AGAINST | 1 | |
| H&M Hennes & Mauritz AB | May 5, 2026 | Reelect Danica Kragic Jensfelt as Director | Director Elections | Board | AGAINST | 1 | |
| H&M Hennes & Mauritz AB | May 5, 2026 | Reelect Helena Saxon as Director | Director Elections | Board | AGAINST | 1 | |
| H&M Hennes & Mauritz AB | May 5, 2026 | Reelect Klas Balkow as Director | Director Elections | Board | AGAINST | 1 | |
| H&M Hennes & Mauritz AB | May 5, 2026 | Reelect Lena Patriksson Keller as Director | Director Elections | Board | AGAINST | 1 | |
| HCA Healthcare, Inc. | April 23, 2026 | Election of Directors: Thomas F. Frist III | Director Elections | Board | AGAINST | 1 | |
| HCA Healthcare, Inc. | April 23, 2026 | Stockholder proposal, if properly presented at the meeting, regarding a report on healthcare consequences. | Other Social Issues | Shareholder | Against | FOR | 1 |
| HCI Group, Inc. | June 10, 2026 | To elect Directors: Anthony Saravanos | Director Elections | Board | WITHHOLD | 1 | |
| HCI Group, Inc. | June 10, 2026 | To elect Directors: Jay Madhu | Director Elections | Board | WITHHOLD | 1 | |
| HD Hyundai Electric Co., Ltd. | March 24, 2026 | Elect Han Chan-sik as Outside Director to Serve as an Audit Committee Member | Director Elections | Board | AGAINST | 1 | |
| HD Hyundai Electric Co., Ltd. | March 24, 2026 | Elect Namgoong Hun as Inside Director | Director Elections | Board | AGAINST | 1 | |
| HD Hyundai Electric Co., Ltd. | March 24, 2026 | Election of Independent Director to Be Appointed as Audit Committee Member: HAN Chan Sik | Director Elections | Board | AGAINST | 1 | |
| HDFC Asset Management Company Limited | November 16, 2025 | Approve Issuance of Bonus Shares | Capital Structure | Board | AGAINST | 1 | |
| HDFC Bank Limited | August 21, 2025 | Approve Issuance of Bonus Shares | Capital Structure | Board | AGAINST | 1 | |
| HDFC Bank Limited | August 21, 2025 | Increase Authorized Share Capital and Amend Capital Clause of the Memorandum of Association | Capital Structure | Board | AGAINST | 1 | |
| HOYA Corp. | June 26, 2026 | Elect Director Abe, Yasuyuki | Director Elections | Board | AGAINST | 1 | |
| HOYA Corp. | June 26, 2026 | Elect Director Hasegawa, Takayo | Director Elections | Board | AGAINST | 1 | |
| HOYA Corp. | June 26, 2026 | Elect Director Nishimura, Mika | Director Elections | Board | AGAINST | 1 | |
| HOYA Corp. | June 26, 2026 | Elect Director Sato, Mototsugu | Director Elections | Board | AGAINST | 1 | |
| HOYA Corp. | June 26, 2026 | Elect Director Yoshihara, Hiroaki | Director Elections | Board | AGAINST | 1 | |
| HSBC Holdings Plc | May 8, 2026 | Re-elect Brendan Nelson as Director | Director Elections | Board | AGAINST | 1 | |
| HYUNDAI ROTEM Co. | March 27, 2026 | Elect Cho Hyeong-jun as Inside Director | Director Elections | Board | AGAINST | 1 | |
| HYUNDAI ROTEM Co. | March 27, 2026 | Elect Jeong Jae-ho as Inside Director | Director Elections | Board | AGAINST | 1 | |
| Haci Omer Sabanci Holding AS | March 31, 2026 | Approve Director Remuneration | Compensation | Board | AGAINST | 1 | |
| Haci Omer Sabanci Holding AS | March 31, 2026 | Elect Directors | Director Elections | Board | AGAINST | 1 | |
| Haidilao International Holding Ltd. | May 19, 2026 | Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Haidilao International Holding Ltd. | May 19, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Haidilao International Holding Ltd. | May 19, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Hainan Airlines Holding Co., Ltd. | December 17, 2025 | Amend Management System for Shareholding Held by Major Shareholders, Directors and Senior Management Members and Its Change | Compensation | Board | AGAINST | 1 | |
| Haitian International Holdings Limited | May 22, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Haitian International Holdings Limited | May 22, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Haitian International Holdings Limited | May 22, 2026 | Elect Bei Hongjun as Director | Director Elections | Board | AGAINST | 1 | |
| Haleon Plc | April 29, 2026 | Re-elect Vindi Banga as Director | Director Elections | Board | AGAINST | 1 | |
| Halyk Bank of Kazakhstan JSC | April 23, 2026 | Approve Remuneration of Directors and Management Board | Compensation | Board | AGAINST | 1 | |
| Han's Laser Technology Industry Group Co., Ltd. | May 12, 2026 | Approve Use of Idle Own Funds for Cash Management | Extraordinary Transactions | Board | AGAINST | 1 | |
| Hana Financial Group, Inc. | March 24, 2026 | Elect Lee Jae-min as Outside Director | Director Elections | Board | AGAINST | 1 | |
| Hana Financial Group, Inc. | March 24, 2026 | Elect Lee Jae-sul as Outside Director | Director Elections | Board | AGAINST | 1 | |
| Hana Financial Group, Inc. | March 24, 2026 | Elect Park Dong-moon as Outside Director to Serve as an Audit Committee Member | Director Elections | Board | AGAINST | 1 | |
| Hana Financial Group, Inc. | March 24, 2026 | Elect Won Suk-yeon as Outside Director | Director Elections | Board | AGAINST | 1 | |
| Hangcha Group Co., Ltd. | May 12, 2026 | Approve External Guarantees | Capital Structure | Board | AGAINST | 1 | |
| Hangzhou Chang Chuan Technology Co., Ltd. | May 18, 2026 | Approve Use of Funds for Investment in Financial Products | Extraordinary Transactions | Board | AGAINST | 1 | |
| Hangzhou First Applied Material Co., Ltd. | September 16, 2025 | Elect Zhou Huanqing as Non-independent Director | Director Elections | Board | AGAINST | 1 | |
| Hangzhou First Applied Material Co., Ltd. | April 14, 2026 | Approve Capital Increase and Share Expansion and Related Party Transaction | Extraordinary Transactions | Board | AGAINST | 1 | |
| Hangzhou First Applied Material Co., Ltd. | April 29, 2026 | Approve 2026 Remuneration of Directors and Senior Management Members | Compensation | Board | AGAINST | 1 | |
| Hangzhou First Applied Material Co., Ltd. | April 29, 2026 | Approve Use of Idle Own Funds for Cash Management | Extraordinary Transactions | Board | AGAINST | 1 | |
| Hangzhou Silan Microelectronics Co., Ltd. | August 8, 2025 | Elect Song Chunyue as Director | Director Elections | Board | AGAINST | 1 | |
| Hangzhou Silan Microelectronics Co., Ltd. | May 26, 2026 | Approve Provision of Guarantee | Capital Structure | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Alternate Director and Audit Committee Member Tsuru, Yuki | Director Elections | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Director Araki, Naoya | Director Elections | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Director Endo, Noriko | Director Elections | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Director Fukui, Yasuki | Director Elections | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Director Kobayashi, Mitsuyoshi | Director Elections | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Director Kusu, Yusuke | Director Elections | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Director Masuda, Chikako | Director Elections | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Director Miyahara, Koichiro | Director Elections | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Director Shimada, Yasuo | Director Elections | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Director Shimatani, Yoshishige | Director Elections | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Director Tsuru, Yuki | Director Elections | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Director Ueda, Yasushi | Director Elections | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Director and Audit Committee Member Hashimoto, Kazunori | Director Elections | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Director and Audit Committee Member Kai, Yukio | Director Elections | Board | AGAINST | 1 | |
| Hankyu Hanshin Holdings, Inc. | June 18, 2026 | Elect Director and Audit Committee Member Takahashi, Yuko | Director Elections | Board | AGAINST | 1 | |
| Hanmi Financial Corporation | May 27, 2026 | Election of Directors: Gideon Yu | Director Elections | Board | AGAINST | 1 | |
| Hansoh Pharmaceutical Group Company Limited | June 26, 2026 | Adopt 2026 Share Scheme | Compensation | Board | AGAINST | 1 | |
| Hansoh Pharmaceutical Group Company Limited | June 26, 2026 | Adopt Scheme Mandate Limit Under the 2026 Share Scheme | Compensation | Board | AGAINST | 1 | |
| Hansoh Pharmaceutical Group Company Limited | June 26, 2026 | Adopt Service Provider Sublimit Under the 2026 Share Scheme | Compensation | Board | AGAINST | 1 | |
| Hansoh Pharmaceutical Group Company Limited | June 26, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 | |
| Hansoh Pharmaceutical Group Company Limited | June 26, 2026 | Authorize Reissuance of Repurchased Shares | Capital Structure | Board | AGAINST | 1 | |
| Harbin Electric Company Limited | May 22, 2026 | Approve General Mandate to Issue H Shares | Capital Structure | Board | AGAINST | 1 | |
| Harmony Biosciences Holdings, Inc. | May 14, 2026 | Non-binding, advisory vote on the compensation of our named executive officers pursuant to the SEC's compensation disclosure rules. | Say-on-Pay | Board (inferred) | AGAINST | 1 | |
| Harmony Gold Mining Co. Ltd. | November 26, 2025 | Approve Implementation Report | Compensation | Board | AGAINST | 1 | |
| Harmony Gold Mining Co. Ltd. | November 26, 2025 | Elect Zanele Matlala as Director | Director Elections | Board | AGAINST | 1 | |
| Harmony Gold Mining Co. Ltd. | November 26, 2025 | Elect Zanele Matlala as Member of the Audit and Risk Committee | Director Elections | Board | AGAINST | 1 | |
| Harmony Gold Mining Co. Ltd. | November 26, 2025 | Elect Zanele Matlala as Member of the Social and Ethics Committee | Director Elections | Board | AGAINST | 1 | |
| Harmony Gold Mining Co. Ltd. | November 26, 2025 | Re-elect Bongani Nqwababa as Director | Director Elections | Board | AGAINST | 1 | |
| Havells India Ltd. | June 19, 2026 | Reelect Namrata Kaul as Director | Director Elections | Board | AGAINST | 1 | |
| Havells India Ltd. | June 19, 2026 | Reelect Puneet Bhatia as Director | Director Elections | Board | AGAINST | 1 | |
| Havells India Ltd. | June 19, 2026 | Reelect Rajesh Kumar Gupta as Director | Director Elections | Board | AGAINST | 1 | |
| Havells India Ltd. | June 19, 2026 | Reelect T.V. Mohandas Pai as Director | Director Elections | Board | AGAINST | 1 | |
| HeartFlow, Inc. | June 16, 2026 | Election of the two nominees as Class I directors to serve until the 2029 annual meeting of stockholders and until their successors are duly elected and qualified: Julie A. Cullivan | Director Elections | Board | WITHHOLD | 1 | |
| Heidrick & Struggles International, Inc. | December 5, 2025 | To approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Heidrick's named executive officers that is based on or otherwise relates to the Merger Agreement and the transactions contemplated thereby. | Say-on-Pay | Board (inferred) | AGAINST | 1 | |
| Hellenic Telecommunications Organization SA | June 9, 2026 | Advisory Vote on Remuneration Report | Compensation | Board | AGAINST | 1 | |
| Hellenic Telecommunications Organization SA | June 9, 2026 | Amend Remuneration Policy | Compensation | Board | AGAINST | 1 | |
| Hellenic Telecommunications Organization SA | June 9, 2026 | Approve Incentive Bonus Plan | Compensation | Board | AGAINST | 1 | |
| Hellenic Telecommunications Organization SA | June 9, 2026 | Approve Profit Distribution to Company Executives | Compensation | Board | AGAINST | 1 | |
| Hellenic Telecommunications Organization SA | June 9, 2026 | Approve Remuneration of Executive Board Members | Compensation | Board | AGAINST | 1 | |
| Helvetia Baloise Holding Ltd. | May 22, 2026 | Reappoint Yvonne Wicki Macus as Member of the Nomination and Compensation Committee | Director Elections | Board | AGAINST | 1 | |
| Helvetia Baloise Holding Ltd. | May 22, 2026 | Reelect Gabriela Payer as Director | Director Elections | Board | AGAINST | 1 | |
| Helvetia Baloise Holding Ltd. | May 22, 2026 | Reelect Yvonne Wicki Macus as Director | Director Elections | Board | AGAINST | 1 | |
| Hengan International Group Company Limited | May 18, 2026 | Approve Deloitte Touche Tohmatsu as Auditors and Authorize Board to Fix Their Remuneration | Audit-related | Board | AGAINST | 1 | |
| Hengan International Group Company Limited | May 18, 2026 | Approve Issuance of Equity or Equity-Linked Securities without Preemptive Rights | Capital Structure | Board | AGAINST | 1 |
← Previous Page 57 of 61 Next →
← Back to Morgan Stanley 2025-2026 overview
Built November 8, 2026 from SEC Form N-PX filings.