Don’t Be Fooled by Wal-Mart Stores, Inc. (WMT)’s Rosy Proxy Vote Numbers

Page 2 of 2

Foolish takeaway

As a general rule, I believe investors should seek out transparent companies that are willing to offer a candid picture of the business’ risks, and who welcome questions and challenges from investors. Unfortunately, Wal-Mart’s behavior surrounding this year’s annual meeting and its dismissal of the dissenting proxy votes suggest that it still doesn’t make the cut.

The article Don’t Be Fooled by Wal-Mart’s Rosy Proxy Vote Numbers originally appeared on Fool.com and is written by M. Joy Hayes, Joy.

Fool contributor M. Joy Hayes, Ph.D,. is the Principal at ethics consulting firm Courageous Ethics. She owns shares of Berkshire Hathaway. Follow @JoyofEthics on Twitter. The Motley Fool recommends Berkshire Hathaway. The Motley Fool owns shares of Berkshire Hathaway.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Page 2 of 2