Is this "corporate america"?

I began e-mailing a good friend (an older man who works in "corporate america") about a project/venture I am working on related to corporate responsibility and information campaigns. During the e-mail I asked a stupid question about why a proxy was not available on the SECinfo page. I knew the answer to this question (that it was not yet published), but he answered in a way I did not expect. He wrote, "Shareholders vote on the proxies and firms want as little time as possible between the receipt of proxies by shareholders and the vote date. Boards don't really want shareholders to be part of the firms management process, they just want their money. However, they are required to send proxies" (****).
I think this quote speaks for itself; for those who may not "get it," e-mail me and I will try to explain. Honestly, I dont know if it can be dumbed-down anymore.