Drugs are being priced out of reach. The new web platform, Shareholder Democracy, will enable millions of Americans to “vote” on pending 2019 shareholder resolutions at six pharmaceutical companies. Shareholder Democracy Network and its drug-pricing ballot for stakeholders will be launched during a phone-based news conference at 1 p.m. ET/10 a.m. PT on Tuesday (February 12). Continue Reading →
Tag Archives | linkedin
LinkedIn Corporation (LNKD), together with its subsidiaries, operates an online professional network worldwide. It is one of the stocks in my portfolio. Their annual meeting is coming up on 6/3/2015. ProxyDemocracy.org had the vote of two funds when I checked and voted on 5/28/2015. I voted with management 17% of the time and assigned LinkedIn Corporation a proxy score of 17.
View Proxy Statement. Read Warnings below. What follows are my recommendations on how to vote the LinkedIn Corporation 2015 proxy in order to enhance corporate governance and long-term value. Continue Reading →
Guest post from Peter Tunjic – Commercial lawyer, idea inventor, framework builder, business designer, board advisor and advocate and defender of free corporations. Peter writes at On Directorship and is “re-inventing the boardroom from capitalism’s forgotten first principles.” Thanks to Peter for permission to republish his following thought provoking post. Comments are always welcome but must come to me by e-mail so I can filter out the spam.
Shareholder primacy is a norm of corporate governance that requires the allegiance of a corporation’s board of directors to the single objective of shareholder wealth maximization. To think otherwise is considered a form of “corporate deviance.” Continue Reading →
Social network LinkedIn has reached more than 100 million users and released some surprising facts, including which companies are most connected to the site…
Dominic Jones says Campbell Soup is a standout. Here is an old-economy company among other most connected companies, which include Cisco, Amazon, eBay, Apple, Cisco and EMC.
Venture Beat reportedon a study by a doctoral student at Pace University that concludes that companies with more followers on social networks tend to perform better on the stock market. Another study has also found that social media improves stock liquidity, especially for small companies. Of course, these conclusions seem rather obvious because the more attention a company gets, the more potential buyers it has for its stock, and share prices are simply a function of supply and demand.
Winnie Yu recommends directors join LinkedIn. Patricia Lenkov, president of Agility Executive Search, advises joining a LinkedIn group that interests you. A search for “corporate governance” turned up 186 groups when the article was written. Last I checked it was 240.
Want the latest corporate governance news on Twitter? Lucy P. Marcus, CEO of Marcus Venture Consulting and a board director herself (@lucymarcus), recommends following:
- Douglas K. Chia: @dougchia
- Douglas Park: @DougYPark
- Eric Jackson: @ericjackson
- Fay Feeney: @fayfeeney
- Francine McKenna: @retheauditors
- Frank Aquila: @faquila
- Heidi N. Moore: @moorehn
- Jayne Juvan: @JayneJuvan
- James McRitchie: @corpgovnet
- John Gillespie: @CorporateBoards
- Nell Minow: @nminow
Social Media Networking: Quick Tips for Busy Directors – First Quarter 2011 – Boardmember.com. I’m delighted to be in the company of such fine tweeters. Social Media has great potential to help us all learn from each other.
Bill Baue and Marcy Murninghan authored working paper several months ago that Continue Reading →