If 2008 was the year of crisis and 2009 the year of survival and steadying the ship, 2010 was the year of longer-term policy response. If one word stands out more than any other from the policy debates of last …
Read MoreThe US Society of Corporate Secretaries and Governance Professionals (SCSGP) has called for the SEC to regulate proxy advisory agencies “to change certain of their current procedures”, in order to “make the processes and methodologies utilized by the proxy advisory …
Read MoreIt was with great sadness that Steve Wallman, founder of ProxyGovernance Inc, let the team at Manifest know that PGI would be closing its doors at the end of the year. Manifest has worked closely with the PGI team since …
Read MoreObscure securities lending practices have been a cause for concern for the governance community in recent years as the ability to recall shares at short notice can negatively impact investors’ ability to vote at general meetings.
The US Senate is …
Read MoreThe British, or should that be the English, and in particular those living South of the M25, have developed a bit of a reputation in recent years. Well probably many reputations. What we’re thinking of is their inclination to be …
Read More“The investing community desires change”. Not something we weren’t aware of, surely? However, when it’s a summary of the almost unanimous response to the most comprehensive regulatory review of the US proxy system the SEC has undertaken in 30 years, …
Read MoreThe recent concept release on the US proxy system has certainly brought some interesting challenges and concerns to the debate. A recent set of concerns from an investment advisor provoked some thoughts at Manifest about privacy, identification and equal treatment …
Read MoreVince Cable, the UK’s Secretary of State for Business used the Confederation of British Industry’s annual conference to launch an an investigation into possible failures of market and corporate governance which have discouraged a long-term approach to investment. The paper, …
Read MoreThe UK’s M&A regulator, The Takeover Panel has concluded that the regime for hostile bids needs revision. Calls for a radical overhaul of the British approach to takeovers were made following the heated Kraft/Cadbury deal earlier this year.
The Panel
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While the Securities & Exchange Commission is busy with its implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, business lobby groups are attempting to derail attempts to give the owners of US corporations similar rights to those …
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