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The week in GRC: BP chairman ousted from board as Target urges investors to reject activist director nomination
– BP has removed chairman Albert Manifold less than eight months after his appointment following allegations related to governance...
Retail investors push back on SEC plan to cut quarterly reporting requirements
A comment letter submitted by the Reddit community r/wallstreetbets has added an unusually blunt retail investor perspective to...
The week in GRC: ISS and Glass Lewis recommend against oil firm proposals as OpenAI backs global governance body
– Proxy advisory firms are urging shareholders of Exxon Mobil and Chevron to vote against several board-backed proposals ahead of...
Informal activist settlements gain ground but raise concerns
Informal settlements with shareholder activists are gaining traction as companies seek faster and less disruptive ways to resolve...
The week in GRC: Glass Lewis and ISS sue the state of Indiana as Lululemon boardroom drama intensifies
– Proxy advisory firms Glass Lewis and ISS have expanded a coordinated legal challenge against US state laws regulating their...
Chubb faces landmark lawsuit in escalating battle over shareholder rights
A lawsuit filed by shareholder advocate As You Sow against insurer Chubb is fast becoming a defining test of shareholder rights in...
Thirteen state bills could threaten proxy advisor independence, warns Glass Lewis
Glass Lewis has warned that a wave of state-level legislation targeting proxy advisory firms could reshape the sector and...
The week in GRC: BP faces shareholder rebellion over climate disclosures as the Trump administration sues California over EV mandates
– Tensions are escalating between BP and investors ahead of its April AGM, as disputes grow over shareholder rights and climate...
‘We believe many ESG-driven decisions lack objectivity’: NLPC director Paul Chesser on why companies should shun culture-war activism
For more than two decades, the National Legal and Policy Center (NLPC) has positioned itself as a prominent conservative watchdog...
