Exit vs Voice? (link) Which strategy is most effective in moving us in a positive direction? Although most investors, especially retail investors, appear focused on exit by moving to ESG funds, the authors conclude voice is the more effective tool. From the abstract: We study the relative effectiveness of exit (divestment and boycott) and voice […]
As I reported in Replacing Board Members: The Elephant in the Room, SVDX and Stanford University’s Rock Center put on another great event last week that just about packed the house! These events are always top notch. A few nibbles and coffee or tea for breakfast, excellent company and a great program — what more could you want on third […]
The Open Mind: Corporate Governance a decade later Although taped on 4/20/2006, this interview with Ira Millstein, Senior Partner, Weil, Gotshal & Manges, was not posted to YouTube until this month. Millstein discusses corporations, corruption, and regulation. Listen and learn about changes that have been made and some of what remains to be done. In […]
I stumbled on an interesting series of videos from the Investment Company Institute, which bills itself as “a leading global association of regulated funds, including mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts (UITs) in the United States and similar funds offered to investors in jurisdictions worldwide.” Of course these funds have a […]
Engagement is, or should be, the common theme of our three videos. CalPERS argues it gives them a seat at the table. Professor Damodaran extols the importance of engagement as a possibility. As a shareholder, what avenues are open? In Davos, I think they looked through the wrong lens. Instead of engagement, they focused on an […]
The role of VCs on private boards and their boardroom role in the IPO process are the stuff of Silicon Valley legend. The real story of VCs in boardrooms — when they first take a seat at the table to when they eventually leave the room — needs to be told. We’ll help set the […]
More than 80 reporters from 26 countries sifted through up to 1,000 leaked documents and collaborated across borders to tell the Luxembourg Leaks story on multiple platforms. But one of the main difficulties reporters faced was translating the complexity of the financial arrangements laid out in the leaked documents to language and examples that a broad audience could understand. The animation below, Luxembourg […]
When I saw the first video yesterday, no one had viewed it, according to the YouTube statistics, but I found it a worthy description of the corporate governance code in the UK, with many elements applicable to the US and other markets. (more…)
I’ve received praise before: CII said my petition to the SEC on proxy access “re-energized” the debate on that subject, Lexis-Nexis subscribers listed my site among the top 25 business blogs and the NACD put me on a list of “people to watch.” However, never have I felt so honored as when I heard Bob […]
I recently got an e-mail from Frank Partnoy about his co-authored cover story in the Atlantic magazine Jan/Feb issue – just posted here. He and Pulitzer Prize-winning reporter Jesse Eisinger ask “What’s Inside America’s Banks?” (more…)
June 11 – The Dean of St. John the Divine, Rev. Jim Kowalski, talks to Lucy P. Marcus about why a non-profit board needs diversity and why members need to ask tough questions. (more…)
In response to growing concerns on the spread of the financial crisis, the Yale School of Management, in partnership with the Wall Street Journal and CNBC, organized a roundtable discussion in New York on September 23, 2010 that brought together business leaders and scholars from Yale, Wharton, NYU, and the Columbia and Harvard business schools […]
Nell Minow, who is known as both the Movie Mom and the queen of corporate governance, reviews the portrayal of business at the movies in 2010. Corporations and their leaders are seldom cast as movie heroes. But in the movies of 2010, whether you were at the multiplex or the art house, the go-to bad […]
Devdutt Pattanaik takes an eye-opening look at the myths of India and of the West — and shows how these two fundamentally different sets of beliefs about God, death and heaven help us consistently misunderstand one another. Chevron’s “We Agree” Ad Campaign Environmental and human rights activists have revealed the various leaks that permitted them […]
Winner of a 2010 Telly Award as an outstanding video production and the winner of a 2010 WorldFest-Houston Award, this outstanding video takes viewers beyond the pressures involved in hitting the numbers to show how the best business leaders steer companies through tough ethical challenges. The show weaves together expert panel discussions, personal accounts from […]