 Your new post is loading...
The idea that stock market pressure leads to “managerial myopia” has been a recurring concern and has evolved into a heated debate in recent years as activist hedge funds have come to epitomize shareholder empowerment. Our study, How Does Hedge Fund Activism Reshape Corporate Innovation?, aims to inform the debate by analyzing how hedge fund activism reshapes corporate innovation—arguably the most important long-term investment that firms make but also the most susceptible to short-termism.
In my article, Corporate Privacy Failures Start at the Top, forthcoming in the Boston College Law Review, I offer a new theory to explain why corporations are so bad at privacy. We have all heard numerous stories of corporations neglecting to protect, failing to consider, or in some cases even intentionally violating the privacy of their consumers, employees, and even occasionally their shareholders. In recent years, consumer backlash has repeatedly caused corporations to issue apologies regarding their treatment of privacy, prompting the question of why the corporation failed to anticipate the privacy problem in the first case.
The U.S. Securities and Exchange Commission on Wednesday said parties in swaps must now acknowledge their trades electronically within a day, and also promptly verify or dispute the terms of the swap under rules it had adopted.
This year, the company had an opportunity to name at least one female director – and did not, choosing to add another man instead
Once a relatively quiet backwater, real estate investment trusts are increasingly being shaken up by investors seeking to squeeze out value.
In an article published in the Journal of Financial Economics in 2013, How Do Staggered Boards Affect Shareholder Value? Evidence from a Natural Experiment, we provided evidence that market participants perceive staggered boards to be, on average, value-decreasing.
In our article, Managerial Performance Incentives and Firm Risk during Economic Expansions and Recessions, which is forthcoming in the Review of Finance, we show that the relationship between managerial pay-for-performance incentives and risk taking is pro-cyclical.
Gannett on Tuesday said it would continue to pursue its unsolicited $15-a-share cash offer for Tribune, as it believes there is enough shareholder support for a tie-up that Tribune’s board has twice rebuked.
Carl Icahn Boosts Stake in Hertz as Stock Price Declines Sharply, Stocks: HTZ,FLY, Carl Icahn,Larry Robbins,Mario Gabelli, release date:Jun 07, 2016
The Ontario government has committed to reviewing its appointments to agencies, boards, commissions, and Crown Corporations to include more women by 2019
Exchange head says more compliance needed despite record payouts to investors
|
Women corporate directors globally are showing greater proportional gains on occupying key board committees than on boards overall, according to a new analysis by leading governance and ESG data and analytics provider Institutional Shareholder Services.
With ongoing pressure on companies that are past the IPO stage to update or modify their corporate governance practices to align with the views of some shareholders and proxy advisory firms, we thought this would be a good time to review corporate governance practices of newly public companies to see if they have also shifted in recent years. Our 2016 survey is an update of our 2009, 2011 and 2014 surveys and focuses on corporate governance structures at the time of the IPO for the 50 largest U.S.-listed IPOs of “controlled companies” (as defined under NYSE and NASDAQ listing standards) and the 50 largest U.S.-listed IPOs of non-controlled companies from November 2013 through March 2016. Results are presented separately for controlled companies and non-controlled companies in recognition of their different governance profiles.
Ontario Securities Commission said Andrei Postrado, 28, admitted he earned a profit of $200,375 in 2015 by buying securities of three companies in advance of public announcements of takeover deals
Board directors play a key role within private organisations’ boardrooms, yet their tasks are not always straight forward.
In recent decades, it seems the only reason one flavor of corporate or financial misbehavior falls out of the public discourse is because a newer one has taken its place.
On May 19, 2016, the Delaware Chancery Court preliminarily enjoined the directors of Cogentix Medical from reducing the size of the company’s board because, under the facts presented, there was a reasonable probability that the board reduction plan was implemented to defeat insurgent candidates in a contested director election. Pell v. Kill, C.A. No. 12251-VCL (Del. Ch. May 19, 2016).
Shareholders of the company that owns Tim Hortons will challenge it to add women to its all-male board of directors at its annual meeting.
Hudson Executive's James Woolery said at The Deal's Corporate Governance 2016 conference that his firm has received 16 inbound opportunities from publicly traded firms seeking its investment.
On Tuesday, respected value fund Ruane, Cunniff & Goldfarb disclosed in a securities filing it sold over 14 million Valeant shares, paring its stake in the company by almost 50%.
Wynne government’s move to require Crown organizations be represented by 40 per cent female directors seen as way to bolster numbers of women in senior business roles
|
Scoop.it!
