Corporate governance - Vigil

This paper examines the effect of internal corporate governance on creditors by implementing a regression discontinuity design. Using voting results on close-ca

It is well established that venture capitalists can improve the product market value -- the quality of projects and employees -- at the private firms they invest in, either by making the firms more efficient (Chemmanur, Krishnan, and Nandy (2011)) or through monitoring (see, e.g.

A significant amount of Glass Lewis’ U.S. proxy research is derived from the disclosure required under Subpart 400 of Regulation S-K. Accordingly, we are well situated to recognize the benefits to investors produced through the information provided under Subpart 400 and to identify opportunities for improvements. Glass Lewis is generally supportive of the current format of Subpart 400, and believes investors and registrants would be best served through targeted enhancements of the document rather than any substantial reorganization. In our view, the goal of the Commission should be to augment and simplify investor access to material information without placing an undue burden on registrant.

Several large Wells Fargo & Co investors say they are looking for changes on the board ofdirectors in the wake of a sales scandal that has caused monthsof upheaval for the bank and cost its former chief executive hisjob.

Deputy Governor Timothy Lane discusses the benefits and challenges of international capital mobility.

Most evidence to date supports the proposition that corporations benefit, on average, from the actions of hedge fund activists. Nevertheless, hedge fund activism is unpopular in many quarters, particularly among management and directors that become its targets, but also with similarly-minded opponents in academia and business.

This past year witnessed a number of new corporate governance initiatives. Among the most significant:

Share repurchases have become the dominant form of payout in the United States. Nowadays, open market share repurchases can even match the trading volumes of short sellers and institutional investors

Allaire

Today, we will consider the future of financial regulation and, more specifically, whether the Dodd-Frank Act went too far.[1].  I am I happy to share my views with you, but before I begin, I must give the standard disclaimer that my remarks are my own and do not necessarily reflect th

Our article, Do Delaware CEOs Get Fired?, to be published in January 2017 in the Journal of Banking & Finance, explores the relation between state corporate law and corporate governance. We focus on corporate governance in Delaware, the overwhelming winner in the competition for corporate charters. Delaware draws a clear majority of the nation’s largest public companies to incorporate under its corporate code, despite its relatively small population and share of the national economy.

Committee to Rescue Reed's Declares Victory and states how members intend to vote their proxies. Near-term objectives met. Monitoring will continue.

After years of ineffectual cajoling, new targets and quotas may be the only way to get Canadian companies to boost representation of women on corporate boards, according to Beatrix Dart, a University of Toronto business professor.

Cyber-risk has become a burning issue for regulators, directors and executives. For example, in December 2015, U.S. Senators Jack Reed and Susan Collins introduced the bipartisan Cybersecurity Disclosure Act. The bill asks each publicly traded company to disclose information to investors on whether any member of the company’s Board of Directors is a cybersecurity expert, and if not, why having this expertise on the Board of Directors is not necessary because of other cybersecurity steps taken by the registrant.

Over the last two proxy seasons, governance-oriented activists, pension funds and institutional investors led a charge to afford shareholders “proxy access”—the right to include their director nominees in a company’s proxy statement. Since January 1, 2015, 300 companies have adopted a proxy access bylaw following a shareholder proposal, negotiations with a proponent or proactively.

Thank you for inviting me to testify today [November 15, 2016] regarding the current work and initiatives of the U.S. Securities and Exchange Commission (SEC or Commission), and the SEC’s FY 2018 Preliminary Authorization Request.