Shareholder Policies & Investor Regulations
After extensive consultation with global investors, the ICGN releases two new best practice guidelines: ICGN Guidance on Political Lobbying and Donations and Model Contract Terms Between Asset Owners and Managers. Said Christianna Wood, Chairman of the ICGN Board of Governors: …
Continue reading
The SEC granted Textron (TXT) no-action relief on March 7, allowing them to drop Ken Steiner’s proxy access proposal based on their decision that paragraphs 1-5 and 7 of the USPX proxy access template deal with “the inclusion of shareholder …
Continue reading
The Activist Investor – Why Companies Oppose Proxy Access discusses three possibilities: Directors and executives automatically oppose investors. The subject or the investor doesn’t matter. Anything investors want must be bad. Directors and executives are quite risk averse. Maybe there’s a …
Continue reading
Francis H. Byrd asked several of us in the corporate governance industrial complex to make predictions for the 2012 proxy season and beyond. I urge you to read the Laurel Hill Advisory Group’s pdf, Predictions and Expectations for 2012. Just …
Continue reading
As Laura Berry mentioned at the conference, this is an event to recharge your batteries. It is great to learn what others are doing. Of course, the list of things I need to do grows exponentially every time I attend …
Continue reading
I had run across InGovern before – it provides corporate governance research and proxy voting services regarding public companies in India – but Mohandas Pai backs corporate governance research start-up in the Hindu Business Line really caught my attention. Interesting …
Continue reading
“The revolution is being tweeted. Social media have enabled political uprisings in the Middle East, the global Occupy movement and even a swift blowback against banking fees in the United States. A logical next step would be for Facebook, Twitter …
Continue reading
Hopefully, it can mostly be attributable to early stage growth but Fenwick & West’s Corporate Governance Practices and Trends: A Comparison of Large Public Companies and Silicon Valley Companies found significant differences between the corporate governance practices of Silicon Valley 150 …
Continue reading
Of the 16 proxy access proposals filed by proponents in 2012 and listed on the ISS Checklist, eight are being challenged at the SEC. Ferro, Hewlett-Packard, Nabors Industries, CME Group, Pioneer Natural Resources, Staples and Charles Schwab have not sought …
Continue reading
Key highlights of the 2011 Enforcement Report: 66 of the concluded cases involved illegal distributions, which represented the largest category of concluded cases. 124 concluded cases involved a total of 237 individual and 128 companies that resulted in: -Fines and …
Continue reading
