Below are some relatively quick notes I took at the Corporate Directors Forum 2013, held on the beautiful campus of the University of San Diego, January 27-29, 2013. See materials, Corporate Directors Forum 2013: Bonus Session, and Corporate Directors Forum 2013 – Day 1, Part 1. The program was subject to the Chatham House Rule, so there will be little in […]
Tag Archives | shareholders
Corporate Directors Forum 2013 – Day 1, Part 1
Below are some relatively quick notes I took at the Corporate Directors Forum 2013, held on the beautiful campus of the University of San Diego, January 27-29, 2013. See materials. The program was subject to the Chatham House Rule, so there will be little in the way of attribution below but I hope to provide some sense of the […]
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 […]
Call for Papers – Journal of Corporate Finance
Since the Cadbury Report was published in 1992 in the UK, there has been increasing emphasis not just by UK regulators but also by regulators from other countries, including the USA and Continental Europe, of the role of boards of directors in corporate governance. However, 20 years down the line it is still uncertain whether […]
Video Friday: Shareholder Wealth – From Predictable Returns to Casino
Reuters’ blogger Felix Salmon shares a surprising list of which companies over the last 90 years have generated the most wealth for shareholders, and which ones have destroyed it. (more…)
Goliath Beats David; Shareowners Lose
I get frequent alerts for news on shareowner activism from various sources. I’ve seen this press release sent out by Susman Godfrey L.L.P. concerning their win against a small shareowner pop up so many times I can no longer ignore it. (more…)
Video Friday: “Shareholder Revolution?” TheShareholderActivist.com on Fox Business News
The following is a guest post from “The Wall Street Psychologist” and co-founder of TheShareholderActivist.comTM, Christopher Bayer, Ph.D. Revolution/Evolution is an Historically Valid and Natural Psycho-biological Reaction to Perceived Oppression and Inequity Last week I was invited to appear on the Fox Business News show “After the Bell” hosted by Liz Claman and David Asman. Right […]
SharkRepellent: Research Lessons for Shareowner Activists
I’ve been browsing around SharkRepellent.net for a few minutes a day for a few days. Unlike many of the sites I discuss, this one costs money to access but for many the cost may be well worth it. SharkRepellent offers in-depth research the takeover (more…)
Long-termism Increases but Still Falls Short
The average time in which Americans hold a stock has gone up. (more…)
Binding Arbitration to Eliminate Shareholder Litigation
The End of Shareholder Litigation: Using Bylaw or Charter Amendments to Require Binding Arbitration of Shareholder Disputes by Paul D. Weitzel analyzes whether a bylaw or charter provision that requires arbitration for all shareholder disputes would be enforceable. He finds that it would be and provides a model provision for inclusion in (more…)
Proxy Access for the 99% – Open for USPX Member Comment
The time has come for shareowners to be allowed to include their own nominees for corporate boards in the proxy materials their corporations send out every year—so-called “ballot” or “proxy access.” The current system—that only allows shareowners to vote for candidates nominated by the current board—is absurd. The SEC has finally reaffirmed shareowners’ right to […]
We Must All Be Activist Shareowners
Shareholders – mainly large institutions running pension funds – are supposed to invest for the long-term on behalf of their ultimate owners: you and me. They are also charged with channelling funds into businesses that will grow, boost the UK economy and so generate a decent retirement income for tomorrow’s pensioners. The reality is they […]
Fix AGMs: 100 Words or Less
A message from Jim Kristie, editor and associate publisher of Directors & Boards: Annual meetings can be a frustrating and often futile exercise — in meeting statutory requirements, yes, but not much else as a worthy vehicle for demonstrating corporate leadership and enhancing shareholder relations. Thus, the cover story for the first Directors & Boards […]
Shareowners Speak Louder in 2011
Passive or apathetic investors, take vote [note] : Now your votes have actually begun to mean something. More so than ever, shareholders can truly feel like they’re part owners of public companies. That makes now the perfect time for a push for better corporate governance policies. As it turns out, large institutional shareholders are striking […]
Guest Commentary From Glyn Holton: Emergency at Intel
Intel Corp. recently announced they will no longer hold annual shareholder meetings. Instead, they plan to host shareholder forums, or “virtual shareholder meetings.” In 2000, Delaware enacted legislation allowing corporations to do exactly this. Arrogantly, that state’s legislators granted shareholders no say in the matter, leaving the decision solely to the discretion of corporation’s entrenched […]
Corporate Rescue Law
With the growing number of bankruptcies in industries ranging from financial, manufacturing, to retail, what could be more timely than Corporate Rescue Law – an Anglo-American Perspective? Gerard McCormak’s review of practices in the two countries concludes there is more convergence than is generally recognized. the us moving is in a UK direction with regard […]
Best Book of 2004
Pay Without Performance Pay Without Performance: The Unfulfilled Promise of Executive Compensation was the best book published in 2004 in the field of corporate governance. Lucian Bebchuk and Jesse Fried focus on one aspect of corporate governance, executive pay, and clearly demonstrate that many features of executive pay are better explained as a result of […]
The Recurrent Crisis in Corporate Governance
The Recurrent Crisis in Corporate Governance pushes the edge of mainstream thought in this growing discipline. Authors Paul W. MacAvoy and Ira M. Millstein, giants in the field, have well deserved reputations as practitioners and scholars. This thin volume will quickly guide the course for progressive board members concerned with building solid companies, rather than […]
Review: Fair Shares: The Future of Shareholder Power and Responsibility
Much has been written about the role of directors and boards but far too little on the how shareholders can add value. Carolyn Kay Brancato did so in her excellent book, Institutional Investors and Corporate Governance: Best Practices for Increasing Corporate Value. However, Brancato was primarily writing from the perspective of managers. Although there was […]