Corporate governance
2 CF Industries social proposals break record for support
Two pension funds separately won record-high support for shareholder social proposals at any company. Both votes were for resolutions at CF Industries.
May 17, 2013 | 02:55 pm
S&P 500 firms' compensation programs getting OK from shareholders
Shareholders ratified the compensation programs of the CEO and other top executives at all 137 companies in the S&P 500 index that have conducted non-binding say-on-pay votes as of May 9, according a ...
May 16, 2013 | 01:42 pm
2 investors file proposal to separate chairman, CEO roles at News Corp.
Christian Brothers Investment Service and the C$96.7 billion (US$97.5 billion) British Columbia Investment Management Corp., Victoria, filed a joint shareholder proposal calling for establishment of...
May 08, 2013 | 04:22 pm
Timken shareholders back CalSTRS' proposal to split company
Timken Co. shareholders Tuesday voted 53% in favor of a CalSTRS' proposal to split the company into separate steel and ball-bearing businesses, according to company proxy voting results.
May 07, 2013 | 03:16 pm
Union-backed shareholder activism fails to increase value — report
Labor union-backed shareholder activism has failed to increase shareholder value, according to a report released Thursday by the U.S. Chamber of Commerce.
May 02, 2013 | 03:40 pm
Towers Watson: Shareholders ratify executive compensation at 91% clip
Shareholders have voted on average 91% to ratify executive compensation in non-binding say-pay-pay voting at U.S. companies so far this proxy season, up from 89% in all of 2012, according to a Towers ...
May 01, 2013 | 04:15 pm
U.K.'s NEST creates corporate governance policy
National Employment Savings Trust, London, issued its proxy voting and corporate governance policies Monday, which include supporting corporate remuneration programs that reflect awareness at all pay ...
April 30, 2013 | 02:40 pm
CalSTRS takes bold step in governance
A shareholder proposal by the California State Teachers' Retirement System, aimed at breaking Timken Co. into two separate companies, is taking activism by pension funds to a new level.
April 29, 2013
CII conference takes up dual-class stock, high-frequency trading
The pros and cons of dual-class stock and high-frequency trading were the subject of lively debate at the spring meeting of the Council of Institutional Investors in Washington.
April 24, 2013 | 09:55 am
New York State Common backs 2 shareholder proposals for Peabody
New York State Common Retirement Fund will support separate shareholder proposals at Peabody Energy backed by the AFL-CIO Reserve Fund and the AFSCME Employees Pension Plan.
April 22, 2013 | 06:00 pm
Proxy voting system broken, concentrates power in proxy advisers — paper
The proxy voting system for pension funds and mutual funds is broken, with unintended consequences of regulations giving preferential treatment to proxy advisory firms, according to a paper from the...
April 17, 2013 | 04:00 pm
Heifer International Foundation looking for proxy voting service provider
Heifer International Foundation, Little Rock, Ark., is searching for a proxy voting service provider.
April 17, 2013 | 03:28 pm
Canada fund to consider 'outsiders' for investment board
The C$172.6 billion (US$170.2 billion) Canada Pension Plan Investment Board could appoint non-Canadian residents to the board in a proposal included in the Canadian Department of Finance's 2013...
April 15, 2013
Embracing Canada's idea
The Canadian federal government's new proposed budget has a constructive idea pension funds and other fiduciary institutions should consider for strengthening their governance structure.
April 15, 2013
Say-on-pay votes expected to hold steady — study
Shareholders have voted on average 90% to ratify executive compensation in advisory say-on-pay voting so far this proxy season, up from the 89% in all of 2012, according to a Towers Watson study...
