Corporate governance

Stay engaged; don't divest

Universities and pension funds are grappling with their role as agents for positive change on climate issues and whether divestment is an appropriate, responsible and effective response.

March 03, 2015 | 01:14 pm

SEC round-table panelists debate necessity for universal proxy ballot

Corporations should adopt a universal proxy ballot enabling shareholders to vote for both management and activist nominees for boards of directors on the same voting card, Anne Simpson, senior...

February 19, 2015 | 03:58 pm

Proxy group wants feedback on best-practice principles

A group of proxy-voting advisory firms, called Best Practice Principles Group, Tuesday introduced a web-based mechanism for collecting feedback on the implementation of best-practice principles for...

February 10, 2015 | 04:16 pm
Cash needs to be put to work

Cash needs to be put to work

Pension funds and other asset owners can limit the cash positions in their portfolios, but they cannot significantly influence other huge pools of cash sitting on the sidelines — cash idle on...

February 09, 2015
BP follows Shell in endorsing shareholder proposal on climate risk disclosure

BP follows Shell in endorsing shareholder proposal on climate risk disclosure

BP PLC, London, on Friday endorsed a shareholder proposal filed at the company by a group of global pension funds and other institutional investors, calling for more disclosure by the company on...

February 06, 2015 | 03:08 pm
5 companies to disclose political spending following New York State Common proposals

5 companies to disclose political spending following New York State Common proposals

Five companies in the portfolio of the New York State Common Retirement Fund have agreed to disclose their political spending.

February 04, 2015 | 03:44 pm
Shell endorses shareholder proposal on climate risk disclosure

Shell endorses shareholder proposal on climate risk disclosure

Royal Dutch Shell PLC on Thursday endorsed a shareholder proposal at the company filed by a group of global pension funds and other institutional investors calling for more disclosure by the company...

January 29, 2015 | 03:33 pm
Pension fund managers push Oracle on several shareholder issues

Pension fund managers push Oracle on several shareholder issues

PGGM NV and RPMI Railpen called on Oracle Corp. to implement proxy access, adopt an executive compensation structure shareholders can support and develop a policy to allow shareholders to communicate ...

January 26, 2015 | 04:04 pm
Law professors respond to Gallagher's accusations

Law professors respond to Gallagher's accusations

A Securities and Exchange Commission member's dispute with a prominent Harvard Law School professor has turned into something of a gang fight, academic style.

January 26, 2015
Pension funds, asset owners file BP shareholder proposal on climate change risk

Pension funds, asset owners file BP shareholder proposal on climate change risk

A group of more than 150 global pension funds and other assets owners on Wednesday co-filed a shareholders proposal at BP PLC, calling for the company to assess and manage the risk of climate change...

January 21, 2015 | 03:46 pm
SEC to revisit proxy access conflict rule

SEC to revisit proxy access conflict rule

The SEC will revisit proxy rules that allow companies to exclude shareholder proposals that are in direct conflict with management proposals, Chairwoman Mary Jo White said.

January 20, 2015 | 03:35 pm
SEC prioritizes market risks for 2015, will continue to review private equity fees

SEC prioritizes market risks for 2015, will continue to review private equity fees

SEC compliance officials will spend 2015 focused on protecting retail investors' retirement savings and assessing market risks

January 13, 2015 | 03:52 pm
Investors, companies to fight over who pays litigation fees

Investors, companies to fight over who pays litigation fees

Battle lines are being drawn over last year's Delaware court ruling that lets companies shift legal fees to investors bringing lawsuits.

January 12, 2015
Public pension funds, manager call on Monster Beverage to increase board diversity

Public pension funds, manager call on Monster Beverage to increase board diversity

New York State Common Retirement Fund filed a shareholder proposal with Monster Beverage Corp., calling on the company to report any plans to increase gender and racial diversity on its board.

January 08, 2015 | 01:37 pm
Former SEC chairman calls agency's proxy guidance a 'positive first step'

Former SEC chairman calls agency's proxy guidance a 'positive first step'

SEC staff guidance on proxy voting and the use of proxy advisory firms “is a rich opportunity for public companies to take the initiative back,” former SEC Chairman Harvey Pitt said...

January 07, 2015 | 03:46 pm