Tag Archives | regulations

Carl Gershenson

Review: Carl Gershenson – Protecting Markets from Society

Carl Gershenson – “Protecting Markets from Society: Non-Pecuniary Claims in American Corporate Democracy” forthcoming in Politics & Society looks at the role of the state as ‘market protector.’ Protecting us from inside trading, pump and dump schemes, policing market players? Yes, that may be the primary duty of agencies such as the SEC. However, Gershenson turns our attention to […]

Continue Reading ·

SEBI's New Disclosure Guidelines for Mutual Funds

Guest post from Shriram Subramanian, founder of InGovern Research Services with the objective of facilitating shareholder activism by institutional investors and thereby enhancing corporate governance in India. Proxy Advisory Services, Corporate Governance Research, Risk Monitoring, and Proxy Services. India’s SEBI, through a circular dated March 24th, 2014, released a new set of disclosure guidelines to be followed by mutual funds. These […]

Continue Reading ·
Walt Disney

Take Action: Mickey Mouse Rule at SEC Needs Amending

Is SEC Rule 14a-8(i)(9) fair? Should the SEC amend the rule? What’s your opinion?  I think the rule is problematic and needs changing. In this post I explain why, using my proposal at Disney (DIS)  to allow shareowners to call a special meeting as an example. Here’s the text of the SEC rule: (more…)

Continue Reading ·

Call for Papers: Purpose, Use, Potential Misuse of Stock Prices in Public Equity Market

Purpose, Use, Potential Misuse of Stock Prices in Public Equity Market Deadline for Proposals:  November 15, 2013 Author Presentation of Findings:  September 19, 2014 The Investor Responsibility Research Center Institute & The Millstein Center for Global Markets and Corporate Ownership have initiated a joint effort to better understand the purpose, use and potential misuse of stock prices in […]

Continue Reading ·

Review: The History of Modern US Corporate Governance

This unique “must have” two volume set traces the development of corporate governance thought around the core issue of the separation of ownership and control while also touching on the board of directors, executive pay, shareholder activism and the regulatory structures that shape corporate governance in the U.S. I include the index to both volumes at […]

Continue Reading ·

Take Action: Comments on SEC Pay Ratio Rulemaking Due December 2

Last week the SEC finally proposed rules to require public companies to disclose the pay ratio between their CEO and their employees, as mandated by Dodd-Frank. Companies would have to disclose the ratio between CEO compensation and the median pay of their employees. Update: Comments due December 2nd. As reported by the WSJ,  the ratio of “average” […]

Continue Reading ·

Corporate Directors Forum 2013: Bonus Session

Below are some relatively quick notes I took at the Corporate Directors Forum 2013, Bonus Session, held on the beautiful campus of the University of San Diego, January 27, 2013. For a list of conference materials, see the Forum’s official site. My site, Corporate Governance (CorpGov.net) is unaffiliated. The program was subject to the Chatham House Rule, so […]

Continue Reading ·

SEC Announces Panelists for Roundtable on Decimalization

The SEC today announced the panelists who will participate in its roundtable next week on decimalization. The February 5 roundtable, which will evaluate the impact of tick sizes on the securities markets, will consist of three panels. Participants on the first panel will address the impact of tick sizes on small and mid-sized companies, the […]

Continue Reading ·

SEC Reforms Economic Analysis

SEC Chairman Mary L. Schapiro testified today before the Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs Oversight and Government Reform Committee, U.S. House of Representatives.  Excerpts below: (more…)

Continue Reading ·

Video Friday: Corporate Board Member at SCS&GP Conference

This Week in the Boardroom (7/7/2011) hosts Paul Washington, Senior Vice President, Deputy General Counsel and Corporate Secretary of Time Warner Inc. The segment–taped at the Society of Corporate Secretaries & Governance Professionals‘ National Conference in Colorado–addresses shareholder proposals, withhold vote campaigns, risk, long vs short-term, and the ever-changing role of corporate secretaries. Make it safe […]

Continue Reading ·

How To Steal a Corporate Election

There are plenty of ways to steal an election. Some require guns. Others depend on bribes. Perhaps the simplest involve misleading ballots. For its corporate election this year, American Tower Corporation (AMT) has produced a humdinger. Item 04 of their ballot (technically a VIF; I will explain this legal nicety some other time) gives shareowners […]

Continue Reading ·

Powered by WordPress. Designed by WooThemes