Among a variety of proposals, shareholder votes on auditor ratification remain an important topic year-over-year during proxy season. The auditor ratification vote organized during the annual general meeting provides shareholders an opportunity to express their opinions about the external auditor of the company. Throughout the last six years, the analysis of shareholder votes reveals that, on average, nearly 98% of total votes are cast in favor of auditor ratification. 

In this article, Audit Analytics examines how often companies faced high votes against auditors and which S&P 500 companies saw the most dissent.