Investor group urges SEC to reopen proxy rules comment period
A group of investors is calling on the SEC to reopen the comment period on amendments to shareholder proxy rules after new data was submitted by its Division of Economic …
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EU-wide push expected on corporate long termism
New legislation and heavier enforcement actions could be on their way for EU companies following fresh concerns they are neglecting long-term value creation for shareholders.
Entitled, ‘Study on directors’ duties and sustainable …
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UK-listed companies offered Covid-19 issuance lifeline
UK-listed companies hit by Covid-19 are being given an additional lifeline as the Pre-Emption Group (PEG) extends the easing of its issuance guidelines, allowing more share capital to be raised from shareholders.
The …
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DoL questions purpose of shareholder voting
The US Department of Labor (DoL) has thrown a new curveball into its approach to governing shareholder rights, questioning the need for asset owners to have their voices heard by companies at all.
Following …
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China finance forum urges US cooperation
A group of senior Chinese regulatory officials and financial experts is calling on their home nation to co-operate with the US to avoid further escalations of the ongoing trade war.
The China Finance 40 …
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Banks dragged into legal action over Bayer-Monsanto deal
Advisers to the Bayer-Monsanto takeover have been dragged into a lawsuit against the pharmaceuticals company that was originally filed in March.
Plaintiff Rebecca Haussmann, trustee of the Konstantin S. Haussmann Trust, filed …
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CEO stakeholder commitments illusory claim Harvard duo
Research conducted by two renowned Harvard academics has cast doubt on the commitments made a year ago by 181 CEOs affiliated to the Business Roundtable trade group.
Twelve months ago, business leaders …
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Investors urge DoL to pull ESG proposals
Institutional investors from around the world have urged the US Department of Labor to pull back on its proposed Financial Factors in Selecting Plan Investments Regulation and give them more time to feedback.…
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US business lobbies press for laws on boardroom diversity
A group of US business associations has called on the Senate to ratify legislation on boardroom diversity that was passed by the other chamber last year.
In an open letter to …
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