The chairman of the US Securities and Exchange Commission (SEC) Jay Clayton has used a speech on governance and transparency at the PLI 49th Annual Institute on Securities Regulation in New York to propose that the regulator reviews the proxy …
Read More
Although studies have shown that organisations with strong, positive cultures have been shown to outperform their peers and the absence of a healthy culture can create or exacerbate significant risks, the National Association of Corporate Directors’ (NACD) 2017 Blue Ribbon …
Read More
Global investment giant Blackrock has spoken out on share voting rights recently. This has become particularly controversial in the US with tech firms giving their founders’ shares preferential voting rights. For example, Snapchat listed on the New York Stock Exchange …
Read More
Investors for Opioid Accountability (IOA), a US coalition which includes asset managers, faith-based, public and trades union pension funds with over $1.3 trillion in assets have filed multiple shareholder resolutions on board oversight of business risks related to opioids at
The qualified pool of chief executive (CEO) talent to run the largest publicly traded companies in the US is incredibly small, according to the directors who sit on the boards of these companies according to recent research by Stanford Graduate …
Read More
Anglo-Australian mining giant Rio Tinto has been fined £27m by the Financial Conduct Authority (FCA) for breaching UK disclosure rules while the US Securities & Exchange Commission has charged the company and former executives with fraud in relation to the
Sustainable investment specialist, Walden Asset Management, has withdrawn a resolution due to be voted on at a Vanguard mutual fund meeting in November. The resolution had challenged the proxy voting records on shareholder resolutions addressing significant social and environmental
…
Read More
No, says veteran US corporate governance activist James McRitichie, In his blog, CorpGov.net, Jim emphatically rebuts the claims made in a paper recently published by the US Chamber of Commerce’s Center for Capital Markets Competitiveness which argues that the …
Read More
The Interfaith Center on Corporate Responsibility (ICCR), a coalition of US institutional investors that engage companies on the environmental and social impacts of their operations, has urged US Senators not to pass the Financial CHOICE Act.
The ICCR sent …
Read MoreBoard diversity and gender pay equity were key themes for the 2017 proxy season in the US, according to the annual review by the EY Center for Board Matters.
The report noted that this year’s proxy season was notable …
Read More