PwC’s annual corporate directors survey concludes that boards are evolving and seeking change, rather than primarily valuing collegiality and consensus. The survey also shows some disc...
Under its 2019 updated guidelines, Glass Lewis will typically recommend against the members of the nominating and governance committee when a company is able to exclude a shareholder prop...
The SEC Division of Corporation Finance has issued a new Staff Legal Bulletin 14J to provide guidance on some of the issues that bedeviled us earlier this year as to when the staff would,...
The Business Roundtable (BRT) and the Council of Institutional Investors (CII) have found common ground in supporting the revised Commonsense Principles 2.0, updated from 2016 and led onc...
Two key, but limited, policy changes for U.S. companies have been proposed by ISS. The open comment period will run through 5:00 p.m. ET on November 1.
Board Gender Diversity. Beginning ...
Retail shareholders own about 30% of public companies, a fairly consistent level over the past five years, but only about 28% of those shares are voted, according to the latest issue of P...
Protect the Voice of Shareholders aims to oppose H.R. 4015, the Corporate Governance Reform and Transparency Act, that passed the House last October. While not effective, the Act is perh...
On the heels of California becoming the first state to impose requirements mandating gender diversity on boards, which we discussed here, State Street has announced policy changes also fo...
On September 30, 2018, California Governor Jerry Brown signed a bill, S.B. 826, which will require all NYSE- and Nasdaq-listed public companies with principal executive offices located in...
SeaWorld and two of its former executives, including the CEO, agreed to pay more than $5 million to settle fraud charges. The SEC alleged that the company failed to inform investors abou...
