Corporate governance - Vigil

We show that investors trade as if they consider dividends and capital gains in separate mental accounts, without fully appreciating that dividends come at the

Donald J. Trump officially asked Gary D. Cohn to serve as director of his National Economic Council, removing a crucial impediment for Goldman’s next generation of leaders.

21st Century Fox Inc. is in late-stage discussions to buy Sky PLC, the U.K.’s market-leading pay-TV provider, as Fox moves to consolidate its holdings. Fox already owns about 39% of the company.

With 2016 drawing to a close and a new year imminent, FAIR Canada has drafted a wish list of investor protection initiatives it would like to see implemented in the upcoming year:

There has recently been a surge of interest in “privately ordered” solutions to the problem of frivolous stockholder litigation, in the form of corporate bylaw and charter provisions that limit plaintiffs’ ability to bring claims.

In uncertain economic times, public-company boards have taken a more hands-on approach to shaping company strategy.

On November 17, the U.S. Court of Appeals for the Third Circuit (the “Court”) made clear its stance on the question of enforceability of make-whole provisions in bankruptcy. [1] Bucking the recent trend seen in cases such as In re MPM Silicones, LLC, No. 14-22503-RDD, 2014 WL 4436335 (Bankr. S.D.N.Y. Sept. 9, 2014), aff’d, 531 B.R.321 (S.D.N.Y. 2015) (“Momentive”), the Court determined that such provisions, which are intended to compensate lenders for interest lost when borrowers pay notes prior to a specific date, are enforceable in bankruptcy notwithstanding the fact that bankruptcy filings often accelerate maturity.

Physical platform crowdfunding is counterintuitive in the digital age, but it is also an innovative model for raising funds.

Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) represents a singular development in U.S. resolution law.  It provides a new regime, the so-called Orderly Liquidation Authority, for use in the event that a systemically important U.S.

Survey results show that as their role expands to include ever more nonfinancial demands, CFOs know they must build new skills to lead.

FW Cook’s 2016 Director Compensation Report studies non-employee director compensation at 300 companies of various sizes and industries to analyze market practices in pay levels and program structure.

Many markets are characterised by an auction process in which customers issue tenders for contracts and suppliers bid against each other in order to win that contract. Prices in such markets, which are commonly referred to as bidding markets, are typically individually determined for each contract, and the buyer (i.e. the tendering authority) is able to compare offers and negotiate with the different competing bidders.

In recent years, an increasing number of companies have opted to hold annual shareholder meetings exclusively online—i.e., a virtual meeting without a corresponding physical meeting—rather than a virtual meeting in tandem with a physical meeting (the so-called “hybrid” approach).

On December 2, 2016, Comptroller of the Currency Thomas J. Curry announced that the Office of the Comptroller of the Currency (“OCC”) would move forward with issuing special purpose national bank charters to financial technology (“fintech”) companies. The OCC released a whitepaper [1] outlining its authority to issue charters to fintech companies, its approach to supervising fintech companies, and its process for evaluating charter applications. The OCC is requesting public comment on the whitepaper by January 15, 2017.

Pershing Square, an activist hedge fund owned and managed by William Ackman, began hostile maneuvers against the board of CP Rail in September 2011 and ended it

In Canada, there is one set of tax rules for corporate insiders, another for the rest of us. The stock option loophole is among the more blatant examples of this lopsided state of affairs.