ExxonMobil’s shareholders have released plans to vote against the company’s board of directors in response to its lawsuit against climate activist investors.
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Oil giant Petrobras’ chairman Pietro Adamo Sampaio Mendes has been reinstated to his role after being suspended this week following allegations of non-compliance with the requirements of the company’s bylaws.
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Activist investor Nelson Peltz has lost his proxy fight against Disney after shareholders voted to re-elect the full board.
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A judge has ruled in favour of a small Tesla shareholder, voiding Elon Musk’s $56 billion pay package and calling it “unfair” to shareholders.
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CCGG warns law firm’s proposed by-law weakens shareholder rights October 20th, 2023 The Canadian Coalition for Good Governance (CCGG) has criticised a proposed bylaw that would give companies the ability to automatically postpone AGMs if votes against a director cross a certain threshold. The bylaw was proposed by law firm Norton Rose Fulbright Canada to […]
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A code of conduct for UK directors has been proposed by the Institute of Directors (IoD), as part of a recent policy paper published by the body.
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EC corporate governance report draws criticism The European Commission report on directors’ duties and sustainable corporate governance, published earlier this year, is drawing heavy criticism from law experts. Writing on the Oxford Business Law blog, the European Company Law Experts Group said the study is “not a document on which to base sustainable proposals for […]
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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 Mike Crapo, chairman of the committee on banking, housing, and Sherrod Brown, the committee’s ranking […]
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