Archive | February, 2012

2012 Guide to Social and Environmental Shareholder Proxy Proposals

Following another year of record-breaking shareowner votes on social and environmental issues – including five majority votes – socially responsible investors are gearing up to have even greater impact in 2012. This year’s edition of Proxy Preview provides a comprehensive overview of hundreds of upcoming social and environmental shareholder resolutions. It also offers insider details […]

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Apple Improves Governance

The preliminary vote gave my “say on directors pay” less than 4%, so I guess putting that proposal up at the world’s largest most profitable company with so many happy shareowners may have been a mistake. However, I note that Apple cut the pay of a couple of directors from $1.2 million to about half […]

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Research on Post-Modern Portfolio Theory Awarded by IRRC Institute

The Investor Responsibility Research Center (IRRC) Institute today announced the first recipients of a new annual research competition that examines the interaction of the real economy with investment theory. A blue-ribbon panel of judges selected two papers – one practitioner and one academic – for the new IRRC Institute Research Award.  The authors of each […]

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Apple: My "Say on Director Pay" Proposal & How I'm Voting

Apple (AAPL) is one of the stocks in my portfolio. Their annual meeting is coming up on February 23, 2012 (Thursday). This is one meeting I’ll be attending in person, both to vote and to move my motion to provide shareowners with a “say on directors pay.” When I last looked, MoxyVote.com had recommendations from twelve […]

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Job Opportunities: Entry Level at CalPERS – Investment Officers at CalSTRS

CalPERS seeks a Staff Services Analyst to work under the general direction of the Staff Services Manager II of the Investment Policy & Business Services Division. The Staff Services Analyst assigned to the position identified above demonstrates the CalPERS Core Values (Quality, Respect, Integrity, Openness, Accountability, and Balance), works well as a member of a […]

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End Corporate Demockary

Corporations determine far more than any other institution the air we breathe, the quality of the water we drink, even where we live. Yet they are not accountable to anyone. Those words were on the 1991 cover of Power and Accountability: Restoring the Balances of Power Between Corporations and Society by Robert A.G. Monks and […]

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Corpgov Bites

When I started posting in 1995 I could come home from work, do a quick search on Alta Vista (before google) and read everything posted on corporate governance in a few minutes. Now searching “corporate governance” brings up 34 million results and 200 “personal results,” which looks like posts from people in my google+ circle. […]

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Proxy Votes Leaked for Cash & Gifts

According to the New York Post (Advisory firm employee leaking shareholder voting data, whistleblower claims, a “whistle-blower” complaint has been lodged with the SEC against a midlevel employee in ISS’s Boston office who “has been (more…)

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Corporate Directors Forum 2012, Part 8: Risk

These are some relatively quick notes that I’m sharing from the Corporate Directors Forum 2012, held at the University of San Diego, January 22-24, 2012. This post may be a cryptic… incomplete sentences bt hopefully mor intelligible thN txt msgN or Tweets. (more…)

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Groundhog Year for HP

Eleanor Bloxham, CEO of The Value Alliance and Corporate Governance Alliance, writes critically of HP’s Meg Whitman and their board in HP: Same issues, different year for Fortune magazine. (more…)

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Corporate Directors Forum 2012 Part 7: Laster Inspires Multi-forum Nightmare – Small Claims Shareowner Flash Mobs

These are some relatively quick notes that I’m sharing from the Corporate Directors Forum 2012, held at the University of San Diego, January 22-24, 2012. This post diverges to a flight of fancy inspired by a problem raised by judge J. Travis Laster at the Forum… a flight of fancy that borders on nightmare. In part 8 I promise […]

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The Shareholder Activist

TheShareholderActivist.com™ is a new source for information and advice to facilitate responsible shareholder activism. The site includes tools, tactics, and techniques to help retail investors fully exercise their rights in publicly traded (more…)

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No. CA NACD: "For-Benefit Enterprise" Law Explained

Newly appointed Commissioner of California Corporations, Jan Owen, discusses the new “For Benefit” laws and provides a status update of other pertinent issues affecting public and private corporations. Sponsored by the Northern California chapter of the National Association of Corporate Directors. Event details at bottom. (more…)

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No Employees on Compensation Boards Under UK's Cameron

UK Prime Minister David Cameron rejected a Labor Party proposal that an ordinary employee sit on a company board compensation committee, noting that having an employee on the committee would break an important principle of not having people on a remuneration committee who will have their own pay determined. Since when are boards setting the […]

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Proxy Access: Now We Are Four

First, we learned that Daniel Rudewicz, a USPX member, filed a proposal at KSW, a Long Island City, N.Y.-based company with a $19.7 million market capitalization that furnishes and installs heating, ventilating, and air conditioning systems and process piping systems.  (more…)

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