Corporate governance

Shareholders deserve directors' attention to duties

Shareholders deserve directors' attention to duties

Institutional shareholders should demand Coca-Cola Co. ask Richard M. Daley to step down as director or explain why, in the face of a personal challenge, he should stay as a member of the company's...

August 18, 2014
New York State Common withdraws shareholder proposal at ConAgra

New York State Common withdraws shareholder proposal at ConAgra

New York State Common Retirement Fund withdrew a shareholder proposal at ConAgra Foods Inc. after the company agreed to commit to using only sustainably sourced palm oil, said a statement Thursday...

August 14, 2014 | 04:00 pm
Investors should address aggressive corporate tax planning

Investors should address aggressive corporate tax planning

Sustainable, well-run businesses should pay a fair level of tax, and avoid the reputational, legal and financial risks posed by aggressive tax planning.

August 12, 2014 | 03:30 pm
SEC eyes adopting CEO pay ratio rules

SEC eyes adopting CEO pay ratio rules

The Securities and Exchange Commission is slated to adopt in October its final rules on implementing a proposed CEO pay ratio, said Laura D. Richman, counsel at Mayer Brown LLP, in a teleconference...

August 01, 2014 | 03:25 pm

Alliant shareholders reject firearms safety proposal filed by 2 pension funds

Alliant Technologies Inc. shareholders Wednesday rejected by a 92.3% vote a shareholder proposal on firearms safety filed jointly by the New York State Common Retirement Fund and the Connecticut...

July 30, 2014 | 03:28 pm

Chamber of Commerce wants simplified corporate disclosures

The Securities and Exchange Commission should simplify corporate disclosure to make filings more useful to investors, including doing away with a requirement to show the company’s stock...

July 29, 2014 | 03:33 pm
Public pension plans take shareholder litigation international

Public pension plans take shareholder litigation international

It was only a matter of time before the litigation portfolios of U.S. public pension funds started catching up with their investment portfolios and spending more time overseas.

July 21, 2014
SEC says FedEx can drop Redskins question from proxy

SEC says FedEx can drop Redskins question from proxy

FedEx Corp. has won approval from the SEC to remove a shareholder proposal from its annual proxy asking the company to “respond to reputational damage from its association” with the...

July 16, 2014 | 03:37 pm

GMI to expand its ratings to emerging markets

GMI Ratings will introduce a combined set of accounting and governance ratings on some 9,000 companies in nearly 60 emerging markets countries.

July 15, 2014 | 04:01 pm

Video: Jack Bogle says CEO pay is 'out of hand'

Vanguard founder and former CEO Jack Bogle speaking at the P&I Investment Innovation and Global Future of Retirement conference discusses CEO pay, corporate governance, and shareholder activism.

July 07, 2014 | 12:01 am
Oranges and a live goat: Some tricky questions in governance addressed

Oranges and a live goat: Some tricky questions in governance addressed

In the central conversation on the topic, “Global Plan Governance,” Jonathan Boersma, executive director, global investment performance standards and head of professional standards at the ...

July 07, 2014
Proxy access support reaches new level

Proxy access support reaches new level

More proxy access proposals have won a majority level of shareholder support this year than in any other year, leading one asset owner executive to conjecture a tipping point has been reached in...

July 07, 2014
Precedent is upheld on class-action lawsuits that are spurred by stock losses

Precedent is upheld on class-action lawsuits that are spurred by stock losses

Pension funds and other institutional shareholders pursuing securities class-action lawsuits got a big vote of confidence from the Supreme Court in late June that could lead to more scrutiny of...

July 07, 2014

Put a monkey in there? I prefer you guys

Barrick (Gold Corp. was created and grew) without any government support. Yes, the government is behind us. Barrick never received a dollar subsidy, but Barrick did contribute $8 billion in pure...

July 07, 2014
Court backs efficient market

Court backs efficient market

The U.S. Supreme Court made the right decision when it rejected a presumption of prudence as a defense in company stock-drop cases, replacing it with a presumption of market efficiency.

July 07, 2014