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Watch the What Happens to Tips (in wmv format) by the SEC’s Sean McKessy, Chief of the Office of the Whistleblower, and/or read the transcript below. As Broc Romanek noted, “for the most part, it provides comfort to the potential …
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In the wake of the financial crisis of 2008-09, some observers believe that our traditional market-based, capitalistic, macro-economic business environment may be entering a new era, dubbed the “new normal,” in which economic, political and surrounding influences and circumstances will …
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The Network, Inc., a leading provider of integrated governance, risk and compliance (GRC) solutions, and BDO Consulting, a division of BDO USA, LLP, released their 2012 Corporate Governance and Compliance Hotline Benchmarking Report, an annual statistical study of compliance hotline-related …
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My wife, Myra Young, submitted a proxy proposal to Costco aimed at establishing a new and innovative way for shareowners to obtain proxy voting advice. The proposal would set up a contest, pay for proxy advice out of entry fees and …
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Sociologists Richard Zweigenhaft and G. William Domhoff began studying ascendance to the top corporate office 20 years ago and, while the population of CEOs is far from diverse, they report that they have been surprised to see as many women and …
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India’s InGovern Research Services Pvt. Ltd. “assists financial institutions and investors that have financial, investment or reputational exposure to public-listed companies in India by providing our clients with corporate governance reports, proxy analysis and proxy voting solutions.” Their 2011 – 12 report, …
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Two of my favorite funds, CalSTRS and Florida SBA whose proxy votes are reported on ProxyDemocracy, released statements to the press about accomplishments during their 2012 proxy season. Their accomplishments are impressive by any standard. CalSTRS reports that 82 of …
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The cartoon at left accompanied an article entitled Where are the funds? (Pensions & Investments, 3/5/2012) P&I lamented, “instead of sitting on the sidelines, activist investors should take advantage of the opportunity to file access proposals… proxy access proponents must …
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The UK backed Kay Review of UK Equity Markets and Long-Term Decision Making was commissioned by Business Secretary Vince Cable after the takeover of Cadbury by Kraft, which many thought was driven by short-term investors. After examination the Report made several recommendations …
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I attended an SEC meeting with “key stakeholders in the shareholder proposal process to engage in an open and productive dialogue” about the staff’s involvement in the process. (my emphasis) From the invitation: You are one of the representatives from public companies, …
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