Tag Archives | New York Times

Campaign GM 1970 Influences and Aftermath

Campaign GM 1970 Influences and Aftermath

“Campaign GM,” launched in 1970 by consumer advocate Ralph Nader and other activists, marked a pivotal moment in corporate governance history. At the company’s annual meeting, they challenged General Motors on social and environmental issues through shareholder activism. Campaign GM: Ralph Nader A prominent consumer advocate, Ralph Nader spearheaded the “Campaign GM” initiative in 1970 […]

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Shareholders Target Fund Voting

Shareholders Target Fund Voting For Sunlight

Shareholders target fund voting at BlackRock Inc., Vanguard, JPMorgan Chase, T. Rowe Price, and Northern Trust. (BlackRock, Vanguard Face Shareholder Rebuke Over Climate Votes, Bloomberg, 12/13/2019) With their rights under attack by the SEC, shareholders are beginning to realize how their investments are too often voted in corporate elections to concentrate power in self-serving corporate […]

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Millennial Socialists

Millennial Socialists Bolstered by SEC

Millennial socialists have not been overtly embraced by the SEC, but the Commission’s recent proposals to disempower proxy advisors and shareholders below the level of multi-millionaire’s plays into the hands of those advocating a socialist economy. The Commission’s proposed rules would further concentrate the power of corporate elites and reduce their accountability to “Main Street” […]

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Rock Center for Corporate Governance

Video Friday: Rise of Controlled Corporations

On January 12, 2015, Stanford’s Rock Center for Corporate Governance hosted a panel discussion called “The Rise of Controlled Corporations.” Unfortunately, this is one program at the Rock Center that I missed. With Alibaba’s recent IPO on NYSE (instead of Hong Kong or China), the “one-share, one-vote” corporate governance standard has once again been challenged. […]

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Whole Foods Market

Whole Foods Market Appeal in the Press

Nice to see the Gretchen Morgenson of the New York Times writing about my appeal of the SEC’s no-action letter allowing Whole Foods Market to exclude my proxy access proposal. (Whole Foods’ High Hurdle for Investors, 1/3/2015)  As Morgenson, writes: (more…)

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