In 1953 the New York Stock Exchange launched “Own Your Share of American Business,” the longest marketing campaign in its history. As Janice Traflet documents in A Nation of Small Shareholders: Marketing Wall Street after World War II (see my review essay), the campaign had two purposes. It would restore profits to retail brokerage, and […]
Proxy Season: Governance Still Wins Proxy Season results for James McRitchie so far in spring 2026 look remarkably similar to our strong 2025 season. Last year, we filed 20 proposals directly, losing five and winning fifteen, mostly through agreements. This year, based on results to date, we again show 15 wins, with 4 losses and […]
Texas Raising the Bar: At Stake for Shareholder Voice and Democracy The recent corporate-law reforms in Texas are not just a technical tweak, raising the bar. They reframe who gets to put business before shareholders and who can credibly challenge management. Texas Business Organizations Code § 21.373 (adopted via S.B. 1057, effective Sept. 1, 2025) […]
As I get older, I (James McRitchie) reflect on where some of my thoughts on corporate governance originated, especially as I lament not only our lack of progress but also our recent backsliding. Where did I/we go wrong? Nell Minow’s Keynote to ICGN this year prompted more such reflections and offers rays of hope. (more…)
ICCR Proxy Resolutions and Voting Guide now includes all proposals filed so far for the 2022 season by Corporate Governance. I could not be more delighted, since this is the group that is most responsible for inspiring my own work! ICCR has published its Guide every year since 1974. The 2022 Guide discusses 436 resolutions filed by […]