Research

Employee Ownership Performance in U.S. Public Companies

Employees owning 3–20% of a public company isn’t a feel‑good fringe idea—it’s one of the most underused tools we have…

6 months ago

Shared Capitalism: Supercharge Economy and Democracy

Employee ownership without control capture could be the way out of our current quagmire. For more than three decades at…

6 months ago

Costco-Walmart and France: Internalization as Governance Design

I’m not raising the Costco–Walmart comparison as an abstract exercise. It stems from decades of practical engagement with corporate governance. …

7 months ago

Controlled Companies Underperform

Controlled companies underperform, on average, according to research by MSCI. Consider redirecting some of your investments to more democraticly run…

11 months ago

John Chevedden: Economy-Class Investor Advocate

I'm not sure what happened to a missing post I wrote in 2013 about one of my heroes, John Chevedden,…

1 year ago

Reviving Proxy Access: A Collaborative Strategy for Corporate Governance Reform

The Initial Vision Proxy access was envisioned as a governance reform to enhance corporate board accountability and improve shareholder influence.…

2 years ago

Pre-Disclosing Proxy Votes: Bradley August

Pre-Disclosing Proxy Votes— Bradley August has advocated for funds to take that action since the days of ProxyDemocracy (archive link1,…

2 years ago

American Express 2024 Climate Lobbying

American Express 2024 Climate Lobbying. James McRitchie's proposal for a Climate Lobbying report is one of several items to be voted…

2 years ago

Proxy Voting as if Systems Matter

Proxy Voting as if Systems Matter. Investors currently get essentially the same voting advice if they are broadly diversified or…

3 years ago

Leading by Example: Proxy Pre-Disclosures Influence Outcomes

Leading by Example. Norges Bank Investment Management (NBIM) has already gained influence after deciding to pre-disclose its proxy votes its…

3 years ago