At yesterdays annual meeting, shareowners voted in favor of my wife’s proposal to repeal supermajority standards, such as the 80% standard needed to change or add board members. (more…)
Tag Archives | Ackman
Pershing Square's Battle Over CP Argues for Proxy Access & Alternative Proxy Advice
James McRitchie, 08/28/2012 ,
After his victory at Canadian Pacific Railway (CP), Ackman claimed “Directors are sitting up more straight and reading board materials more carefully and questioning the CEO more intently. That is a very, very good thing.” Who can argue with that? But will better posture, thorough reading of thousands of pages of board materials and asking more […]
Monitoring: Which Institutions Matter?
James McRitchie, 05/13/2012 ,
Worth taking another look, especially in light of the likely upcoming transition at Canadian Pacific (Bill Ackman: ‘A Stake in the Ground, Globe & Mail, 5/11/2012): Li, Kai, Harford, Jarrad and Chen, Xia, Monitoring: Which Institutions Matter?, Available at SSRN. (more…)
Directors Forum 2010
James McRitchie, 02/10/2010 ,
First, a precautionary note about this post. These are strictly my impressions. There is no intention here to present juicy findings with regard to any corporation, fund, individual etc. My purpose is simply to help facilitate dialogue and understanding. Keep this in mind as you read my notes, as well as the following. One of […]