Corporate governance - Vigil

A new Leaderboard report from Navigant Research examines the strategy and execution of 12 original equipment manufacturers (OEMs) active in the wind t

Director tenure, or “board refreshment,” is a corporate governance flashpoint at the moment for institutional investors, boards of directors and proxy advisory firms. One of the top takeaways from the 2016 proxy season, according to EY, is that “board composition remains a key focus—with director tenure and board leadership coming under increased investor scrutiny.” [1] Many investors and shareholder activists view director tenure as integral to issues of board composition, succession planning, diversity, and, most of all, independence.

The U.S. asset management industry has become increasingly concentrated in recent times. Over the last 35 years, the largest institutional investors have quadrupled their holdings in the equity market. As of September 2015, the largest asset manager oversaw 5.1% of the total equity assets in SEC 13F filings, and the largest 10 managers managed 23.4% of these assets, which represents about 35% of overall institution ownership.

The Handbook of Board Governance, Part 3 of my review addresses chapters on Risk Governance, Assurance and the Duties of Directors. Great resource.

Changes in the way mutual funds are taxed and the transfer of an RRSP at death were among the topics raised by reader this week.

The Boca Raton-based company's newest Board of Directors appointee spent 18 years at Staples.

McDonald's is accelerating plans to simplify its food and announced plans Monday to remove artificial preservatives from its chicken nuggets, pork sausage patties and other menu items.

Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today that Sun Life Hong Kong Limited ("Sun Life HK") will acquire the pension business of FWD Life Insurance Company (Bermuda) Limited ("FWD"), consisting of Mandatory Provident Fund ("MPF") and Occupational Retirement Schemes Ordinance ("ORSO") businesses. Sun Life HK and FWD will also enter into an exclusive 15-year distribution agreement that will allow Sun Life HK to distribute its pension products through FWD's agency force in Hong Kong. (Collectively the "transactions".)

TrueCar, Inc. (NASDAQ: TRUE) projects U.S. revenue from new vehicle sales reached $48.9 billion for the month of July, up 0.9 percent from a year ago.

In March 2016, the Nasdaq Stock Market LLC (“Nasdaq”) proposed new rules regarding disclosure of third-party compensation of directors. This third-party compensation, which may not be publicly disclosed, arises when a party other than the issuer, such as an activist investor, compensates

The underpricing of initial public offerings (IPOs), with stocks going public having an offer price that is on average below the market price once the stock starts trading, is a worldwide phenomenon. Explanations for the positive first day returns, which average 10-30% in most countries, largely fall into two categories: 1) compensating investors for the uncertainties, including adverse selection risk, associated with buying newly issued stock of unknown value, and 2) agency problems between issuers and underwriters that result in excessive underpricing.

Our survey shows that many have yet to adopt management practices that could help them compete in a challenging economy.

Bombardier's rail division says Ontario's GO Transit system will be getting 125 additional two-level commuter rail cars to be produced over a two-year period at its factory in Thunder Bay, Ont.

The government revoked certification for 83,000 Volkswagen, Audi and Bentley models, and fined Volkswagen $16 million in the emissions scandal.

Is AMC Fighting a Losing Battle?, Stocks: AMC,CKEC,FRA:ODE, release date:Aug 01, 2016