Symantec’s Annual Shareholder Meeting Shareowners scored another victory with the passage of Kenneth Steiner’s measure to reduce the threshold for calling special meetings to 10% ownership, down from 25%. Matthew Rafat, working with the Investor Suffrage Movement, presented the proposal at Symantec’s meeting and posted a wonderful summary on Seeking Alpha (Notes from Symantec’s Annual Shareholder […]
Archive | September, 2009
A Primer for Boards
James McRitchie, 09/15/2009 ,
Cornelis A. de Kluyver, an academic and practitioner with global experience, has written A Primer on Corporate Governance published by Business Expert Press. While not nearly as extensive as recent textbooks by Bob Tricker or Monks and Minow, this is a quick read that provides most of the basics for future directors and those who […]
Overcoming Short-termism
James McRitchie, 09/09/2009 ,
The Aspen Institute has released a September 9, 2009 report, Overcoming Short-termism: A Call for a More Responsible Approach to Investment and Business Management. It is short and clear (6 pages) and comes at a very timely moment. Signed by a diverse group including Bogle, Buffet, Lipton, Lorsch, Millstein, Stout, Trumka and Wilcox, the recommendations attempt […]