News

Individual Investors Drive Corporate Governance Reform Through the Proxy Process

Individual investors who file shareholder proposals have played a significant and consequential role in advancing sound corporate governance. Yet their…

5 days ago

First Agreement Reached on Broad-Based Employee Ownership Transaction Proposals

I am pleased to report that we have reached our first agreement with a company receiving one of our initial…

3 weeks ago

From Executive Pay Restraint to Shared Capital: A Framework for Reforming §162(m)

This article proposes a new federal tax architecture grounded in Shared Capital — a model that links executive deductibility to…

4 weeks ago

Investors Mobilize to Defend Rule 14a-8

State treasurers and investor advocates mobilize to defend Rule 14a-8, which has allowed them to file advisory shareholder proposals since…

1 month ago

Broad‑Based Employee Ownership Transactions

Over the coming months, my wife and I will ask several companies to conduct Board‑supervised studies of whether substantial, non‑controlling,…

1 month ago

Proxy Season: Strong Performance for McRitchie

Proxy Season: Governance Still Wins Proxy Season results for James McRitchie so far in spring 2026 look remarkably similar to…

2 months ago

John Chevedden’s 2026 Proposals Show How Far Some Companies Are Stretching Rule 14a-8

Stretching Rule 14a-8. The SEC’s suspension of its decades-long Rule 14a-8 no-action process has created a predictable result: some companies…

2 months ago

Financial Statement Analysis: Investor Self-Defense with an Activist’s Edge

Les Greenberg’s Financial Statement Analysis: A Self-Defense Manual for Independent Investors is neither a conventional accounting textbook nor a promise…

2 months ago

Snowflake 2026: Majority Vote

Snowflake 2026.  Our proposal to require that candidates for director be elected by a majority of the vote if unopposed…

3 months ago

Columbia Sportswear 2026: Proxy Access

Columbia Sportswear 2026.  Our proposal for proxy access is one of several items to be voted on before or during…

3 months ago