Shareholder Policies & Investor Regulations
Investing in Japan by Steven Towns carries the subtitle, “There is no stock market as undervalued and as misunderstood as Japan.” Towns might be right. He guides the reader to plenty of undervalued companies but will their underlying value be eventually …
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The Securities and Exchange Commission recently announced the formation of its new Investor Advisory Committee required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The 21-member committee replaced the advisory committee that was disbanded after the Dodd-Frank Act …
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This slim publication for directors, as always, is jammed with tips. While all were informative (Ward’s publication is one of a few where I generally read every article), a few jumped out: Ward recommends that directors go to Facebook and …
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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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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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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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That’s the title of a new report from ISS on the factors that contributed to significant investor opposition during last year’s say-on-pay votes at U.S. companies. From the summary: With the advent of market wide say-on-pay votes in the U.S. …
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