The WSJ reports that the SEC will likely adopt a pay ratio rule next week. Amidst intense speculation over whether the final rule will provide any flexibility to companies regarding coun...
In two pages, CalSTRS sets forth their expectations on board composition practices, an area of increasing attention by investors.
On board tenure, CalSTRS does not advocate for strict li...
CII filed a rulemaking petition asking that the SEC require companies to clarify the voting standards for the election of directors. In their view, companies that use the state law defau...
A number of business groups sent a letter to Chair White announcing the formation of the Corporate Governance Coalition for Investor Value (the Coalition). The group includes the America...
The United States Court of Appeals for the Third Circuit issued its opinion that permitted Wal-Mart to exclude a shareholder proposal that had asked the board to oversee policies to evalu...
EY Center for Board Matters reviewed the proxy statements of S&P 500 companies and found a dramatic increase in the number of companies that disclose shareholder engagement from five year...
On July 1, the SEC issued a concept release, a forerunner to a potential rulemaking proposal, seeking public comment on whether to expand disclosure requirements about audit committees. T...
A company’s reference to the next annual meeting date as “on or about” June 10 refers to an approximate or anticipated time frame, and not an actual specified date, held the Supreme...
On July 1, 2015, in a 3-2 vote, the SEC proposed a rule implementing Section 954 of the Dodd-Frank Act, which requires listed companies to implement clawback policies to recover incentive...
Jim McRitchie at corpgov.net provides an interesting discussion on whether he should withdraw his shareholder proposal at Whole Foods, since the company has now adopted proxy access.
T...
