TheRacetotheBottom has by far the best coverage I’ve seen on the SEC’s roundtable. Congratulations. Those interested in the tweet stream during the event can check out Proxy Advisory Services Roundtable: Tweets & Links to Analysis. Of course, there was no one invited to the Roundtable to represent the interests of retail investors… left out again. My biggest […]
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Corporate Governance Quick Bites
James McRitchie, 01/08/2013 ,
Holly Gregory’s post Applying Securities Laws to Social Media Communications is the best I’ve seen on when the SEC’s Enforcement Division is likely to recommend an enforcement case to the Commission based on the potential for liability arising from disclosures by corporate officers through social media. As widely reported, including by WSJ, Netflix and CEO Reed Hastings both received Wells Notices from […]
Advice from AFL-CIO & CorpGov.net on Exec Pay & the 99%
James McRitchie, 04/19/2012 ,
Richard L. Trumka, President, AFL-CIO announced an update to their PayWatch website—this year’s version is called CEO Pay and the 99%. Trumka says it’s your one-stop shop for the most recent information on out-of-control CEO pay and what you can do to stop it. (more…)
SEC Fails to Appeal on Proxy Access
James McRitchie, 09/06/2011 ,
The SEC will not challenge the decision of the U.S. Court of Appeals for the District of Columbia Circuit, No. 10-1305, which struck down the agency’s rule to make it easier for shareowners to nominate directors to corporate boards. The announcement, made late on Tuesday by SEC Chairman Mary Schapiro, marks a major blow to large […]
BRIC Project Anticipates ICGN's Theme
James McRitchie, 04/02/2010 ,
ICGN’s annual conference, this June held in Toronto, is on “The Changing Global Balances.” It just so happens that students at theRacetotheBottom.org are also exploring a good portion of this phenomena with a series “The BRIC Project,” which began on April 1, 2010. Dan O’Connell will write posts about corporate governance practices in Brazil. Rich Jasik […]
Dodd Bill: Majority Vote Provisions
James McRitchie, 03/16/2010 ,
Senator Dodd finally introduced his bill. I’m sure it will get a massive coverage and comment. I will have little to add. Find a quick overview at The Corporate Library (Dodd’s Bill, 3/15/10). The Dodd Bill: Weighing In at a Portly Six Pounds, by Broc Romanek at TheCorporateCounsel.net/Blog provides the best guide I’ve seen. However, […]
CorpGov Bites
James McRitchie, 02/19/2010 ,
“Bank of America persuaded the SEC to drop “proxy access” provision as they negotiated a $150 million settlement of a lawsuit tied to the takeover of Merrill Lynch & Co… The U.S. Chamber of Commerce, which represents more than 3 million companies, has said “activist shareholders” would use proxy access to hijack elections to pursue […]
Advocacy websites offer hope
James McRitchie, 01/27/2010 ,
Nice article by that title appeared in Canada’s Financial Post. “Imagine a democracy where those who don’t vote have their ballots automatically cast in favour of the incumbents… Enter an idea whose time has come: websites such as corpgov.net, shareowners.org (corrected), proxydemocracy.org and moxyvote.com. These are just four offerings on the Internet designed to help […]