584, 598, such as a letter that acknowledges the right of one who is not a shareholder to vote. When you can't be present at a shareholders meeting, you can create a Corporate Proxy allowing you to have another person represent you and vote on your behalf. You'll typically want to give a Corporate Proxy to another stockholder, and for a limited period of time. Your dated Corporate Proxy should include details like: the name of the corporation; the owner of the stock; who will be given authority to represent the stockholder (also called ?the proxy?); when the proxy's authority will take effect; whether you wish to direct your proxy how to vote on certain issues; and the issues on which the proxy's vote will be limited. Finally, make sure a witness is present for the signing, since this proxy is essentially a Special Power of Attorney. Absent restrictions in the bylaws, the corporation normally does not have the right to bar appointment of proxies. The statement also provides information about the company's audit committee, as well as audit and non-audit fees paid to its external public accountant. A proxy statement indicates persons with material ownership of the company's common stock, including its executive officers and directors. Corporate governance includes the processes through which corporations' objectives are set and pursued in the context of the social, regulatory and market environment. Governance mechanisms include monitoring the actions, policies, practices, and decisions of corporations, their agents, and affected stakeholders.