Corporate governance

Pearson shareholders reject pension funds’ resolution over testing, school development

Pearson PLC shareholders, including big pension funds, on Friday voted by 97.6% to reject a shareholder resolution filed by the Chicago Public School Teachers’ Pension & Retirement Fund and...

April 29, 2016 | 03:44 pm
NYC comptroller touts proxy-access success at 50 companies

NYC comptroller touts proxy-access success at 50 companies

New York City Comptroller Scott Stringer said Tuesday that 50 of 72 solicited corporations have agreed to adopt or vote on proxy-access proposals, thus enabling the New York City Retirement Systems...

April 26, 2016 | 03:38 pm
AIMCo speaks out against Apollo Education offer before vote

AIMCo speaks out against Apollo Education offer before vote

Alberta Investment Management Corp. has spoken out against the bid for Apollo Education Group Inc., saying the company should be valued at almost three times the $1.1 billion being offered by a group ...

April 25, 2016 | 09:51 am
Shareholders must face up to greater risks at controlled firms

Shareholders must face up to greater risks at controlled firms

The vast majority of U.S. companies list a single class of stock that carries one vote per share and pegs an institutional investor's voting power to its at-risk capital. But some entrepreneurs,...

April 18, 2016

Median CEO pay up 2% in 2015 on lower pension benefits — Willis Towers Watson

The median total compensation of CEOs increased 2% last year, down from the 16% rise the previous year, said an analysis by Willis Towers Watson of the summary compensation tables in the proxy...

April 15, 2016 | 04:05 pm

Investor coalition endorses shareholder resolution at Pearson

A coalition of pension funds and other investors — led by the Chicago Public School Teachers' Pension & Retirement Fund and public service union UNISON's staff pension fund — are urging...

April 14, 2016 | 04:19 pm

BP shareholders reject executive pay report

BP PLC shareholders, including large pension funds, fired a “shot across our bow” and rejected by a vote of 59.3% a ratification of pay of the company's CEO and other top executives in...

April 14, 2016 | 04:01 pm
Norway's Government Pension Fund Global excludes 52 coal companies

Norway's Government Pension Fund Global excludes 52 coal companies

A total of 52 companies have been excluded by the Government Pension Fund Global under the sovereign wealth fund's new guidelines on investing in coal companies.

April 14, 2016 | 12:15 pm
Legal costs add up for S&P 500 companies

Legal costs add up for S&P 500 companies

Ten members of the S&P 500 had $950 million or more of monetary impact from various legal actions and settlements.

April 14, 2016 | 11:30 am
CalPERS backing climate change proxy resolution for mining company

CalPERS backing climate change proxy resolution for mining company

CalPERS is urging fellow shareholders of global mining company Rio Tinto to vote in favor of a proxy ballot resolution that would require the company to disclose activities related to climate change.

April 08, 2016 | 03:33 pm

Schlumberger pay packages approved despite pension fund objections

Despite opposition from major pension funds and proxy-voting advisory firms, Schlumberger Ltd. shareholders on Wednesday ratified the compensation packages of Paal Kibsgaard, chairman and CEO, and...

April 06, 2016 | 05:40 pm
Same auditor watching the store

Same auditor watching the store

The average auditor tenure at S&P 500 companies is almost 24 years, according to available data.

April 05, 2016 | 02:22 pm
Oregon investment success turns into complex problem

Oregon investment success turns into complex problem

Oregon Investment Council was a victim of its investment success.

April 04, 2016

One integration issue: Tracking something with multiple definitions

Money managers complain it is challenging to compare companies’ environmental, social and governance risks, as well as differences in ratings among ESG data providers.

April 04, 2016
The evolution of ESG from SRI

The evolution of ESG from SRI

Pensions & Investments, as part of this special report on ESG investment trends among institutional investors, turned to its archives to trace the initial steps, key changes and trends among large...

April 04, 2016