James McRitchie
There were three new or continuing developments this year, according to the SEC: Shareholder Proposals on Proxy Access. Shareholders were asked to vote on shareholder proposals to establish procedures to include shareholder director nominations in company proxy materials. Uninstructed Broker …
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I posted a note about Anne Simpson going onto the board of the Council of Institutional Investors (CII). Now I see that Anne Sheehan, director of corporate governance at CalSTRS, was elected chairwoman of CII and Michael McCauley, senior officer of investment …
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CalPERS announced in April that Anne Simpson, who heads their corporate governance efforts, has been elected to the Board of the Council of Institutional Investors (CII). CII is a nonprofit, nonpartisan association of pension funds and other employee benefit funds, …
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Fredrick D. Lipman provides several insights to Conference Board readers drawn from his recent book Whistleblowers: Incentives, Disincentives, and Protection Strategies (Wiley Corporate F&A). Lippman finds seven major problems with most current whistleblowers systems: The tone at the top …
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The Wall Street Journal printed an article describing how CEOs around the world spend their time. The article drew on data from a larger study, the Executive Time Use Project, and relied on reports of time use by CEO’s personal assistants. The article indicates that …
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Thanks to Broc Romanek’s post, Submissions to Corp Fin’s Office of Chief Counsel: Use Online Forms, Not E-Mail Address. “As Corp Fin Staffers have been warning folks at conferences, etc., the Office of Chief Counsel is shutting down its email …
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SEC Chairman Mary L. Schapiro testified before the Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs Oversight and Government Reform Committee, U.S. House of Representatives in April, 2012. Excerpts below: Among the specific steps that we …
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Two weeks after SEC lawyers granted six corporations approval to exclude “proxy access” proposals from their proxy materials, United States Proxy Exchange (USPX) members are already submitting an updated version of that same proposal to other corporations. Updated language addresses …
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In recent years, virtually all boards acknowledge that an annual board evaluation is required by “best practices.” How that evaluation should be done, by the board members themselves or by outside “experts” still remains an open matter. And whether these …
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