Congress steps toward proxy firm reforms
Congress has moved closer to potentially reforming the proxy advisory business, with advocates and opponents of change gearing up...
Shareholders & activism archive
Pay attention to new stewardship framework, US investors urge companies
As the ball drops in Times Square during the first seconds of 2018, a new investor stewardship framework will come into effect...
Getting the best out of the CD&A
Seven minutes. That’s about how long the average proxy voter can devote to the average corporate proxy statement. This is bad news...
SEC guidance to impact issuer handling of shareholder proposals
On November 1, 2017, the staff of the SEC’s division of corporation finance issued Staff Legal Bulletin No. 14I (CF), which...
Errors found in proxy adviser reports, Aira says
Companies listed on the Australian Securities Exchange (ASX) report that a large number of factual errors are being made in proxy...
The week in GRC: Icahn mulls SandRidge board fight, and watchdog criticizes Toys ‘R’ Us bonus plan
– Swiss bank Julius Baer said CEO Boris Collardi unexpectedly resigned to take a new role at Pictet Group, and appointed its chief...
Vanguard’s McNabb urges board engagement with shareholders
The growing movement of money from active to passive funds means that boards should more actively engage with shareholders on...
The week in GRC: Activist investor eyes taking Barnes & Noble private, and P&G proxy vote count to go on
– Bloomberg reported that Qualcomm rejected Broadcom’s $105 billion acquisition offer, sparking what would be the largest...
Let index funds have a say on governance
It has recently been highlighted that proxy voting by index funds such as most mutual and electronically traded funds is a serious...
Proxy mini-season doesn’t mean mini-challenges
The main proxy season, which runs through the first half of the year, tends to grab most of the headlines, but the mini-season can...
