Regulation
DOL Eases Overly Prescriptive Stance in Final Proxy Voting Rule
It’s unclear how the rule will be interpreted and enforced after the federal administration changes hands, experts say.
Tag: shareholder
Regulation
SEC Hikes Investment Commitments for Shareholders Submitting Proposals
The Council of Institutional Investors says the change jeopardizes faith in the fairness of US public capital markets.
How Much Progress Has Been Made on Corporate America’s Stakeholder Pledge?
Last year, the Business Roundtable vowed to shift its corporate purpose to better serve communities and groups beyond its shareholder base. The promise, overall, hasn’t been kept yet.
Coronavirus - COVID-19
Op-Ed: Evolving Approaches to Governance and Voting in a Time of Crisis
Georgina Marshall, global head of research at Institutional Shareholder Services (ISS), explains how investors can approach their portfolio companies in the pandemic environment.
Asset Management Culture
Rhode Island Treasurer, Hedge Fund Get Board Diversity Pledge from Telecom
The charge is that directors at $30 billion SBA Communications do not meet the 30% diversity criteria.
Newsmakers
Mylan Board Re-Elected, Beats “Vote No” Campaign
Although shareholders voted against Management Proposal 5, the directors remain.
Newsmakers
Wal-Mart Shareholders Deny Prime Pension Plans’ Push for Change
Six pension entities’ shareholder suggestions fall on deaf ears at Wal-Mart’s annual meeting.