Corporate governance - Vigil

Mondelez International is preparing to look for a successor to its chief executive, Irene Rosenfeld, as the snack giant faces pressure from restive shareholders and the broad shift to healthier eating habits.

One of the most important issues in antitrust at the moment is whether institutional investors’ significant equity holdings in U.S. companies are substantially harming competition in violation of the antitrust laws.

In this episode, Bloomberg’s Alicia Ritcey explains how journalists decide what stories to cover, how they gather information, and what motivates them.

Activist investing is on the rise in the old world, but local rules demand a local game plan.

On March 7, 2017, the Delaware Chancery Court granted a motion to dismiss in In re Columbia Pipeline Group, Inc. Shareholder Litigation, which capped a line of cases starting with Corwin v.

The Labor Department found the gender-pay gap during a routine probe into whether Google, a federal contractor, is complying with laws that prohibit contractors from discriminating against applicants or employees.

In the aftermath of the failed Affordable Care Act (“Obamacare”) repeal and replace effort, the United States’ new administration announced its intent to shift focus to other high-priority issues. As noted in the latest press accounts, President Trump is anxious to tackle a comprehensive rewrite of the Tax Code. In concert with tax reform legislation, the President is also eager to relieve companies from the regulatory burden imposed by the Dodd-Frank financial reform legislation. Because both matters will significantly impact executive compensation, we have provided an overview of both subjects — and possible executive compensation implications — in this Viewpoint.

An investigation into Community Health Systems Inc.’s spinoff of 38 rural hospitals found that Community Health committed no intentional misconduct or fraud, directors of the faltering spinoff, called Quorum Health Corp., said in a letter to investors.

While common law jurisdictions around the world exhibit substantial similarity in many basic features of fiduciary loyalty, fiduciary law is particularly diverse with regard to whether and to what extent should parties be allowed to define their relations contractually. This paper advances a theory of the extent and the limits of contractual freedom with regard to fiduciary obligations, or, put otherwise, of the irreducible core of such obligations. The key insight on which this theory hinges holds that fiduciary obligations constitute a social-institutional response to acute information asymmetries, especially of the unobservable and unverifiable kind.

Data from Proxy Insight finds that investor voting on Golden Parachutes is not what it seems, with some investors voting in favor of controversial proposals, despite their voting policies saying otherwise.