 Your new post is loading...
Taking a page from the Hollywood tabloids, recent deal press has been overtaken by a stream of reported breakups, real or speculated. With The Wall Street Journal recently citing broken deal values in excess of $300 billion so far in 2016, we take a closer look at the M&A environment to look for any macro trends that may be contributing to these record numbers.
Median pay for chief executives of the biggest U.S. companies slipped 4.6% last year, but the link between annual compensation and shareholder returns remained weak.
Boingo Wireless said it named three new independent directors to its board, putting an end to the proxy fight launched earlier this year by hedge fund Ides Capital Management.
The representation of women on corporate boards continues to increase, but the number of women leading boards still remains low globally. Overall, women now hold 12 percent of seats worldwide with only 4 percent chairing boards.
While it is illegal for insiders to trade on material, non-public information, the SEC has created a safe harbor Rule 10b5-1 since October 2000, by allowing insiders to set up trading plans in advance of actual trading.
Good work if you can get it: J. Michael Pearson gets $9 million severance and consulting fees at battered pharma company Valeant.
ISS’ latest update of the structure and composition of boards and individual director attributes at Standard & Poor’s U.S. “Super 1,500” companies (i.e., companies in the S&P 500, MidCap 400, and SmallCap 600 indices) found a number of new and continuing trends in board practices and director attributes at these key index companies.
Singapore state funds bought $1 billion of shares in Chinese e-commerce company Alibaba Group Holding Ltd as part of an $8.9 billion sale by Japan's SoftBank Group Corp, Alibaba's biggest shareholder, the company said on Wednesday.
A $500-million onerous contract added to Bombardier's book "would lead us to believe that the aircraft were heavily subsidized," Embraer says
Thinking about boards makes entrepreneurs imagine spending hours drafting lengthy board presentations and potentially losing control of their startups.
Many investors and other stakeholders want more information about a company’s director nominees, especially information boards and their nominating and governance committees are considering regarding director tenure, board diversity and the results...
Billionaire investor Carl Icahn took a stake in Allergan PLC and threw his support behind the drug company’s chief executive, Brent Saunders, in a departure from the activist’s usual playbook.
|
“Where were the directors?” is the plea often heard in the wake of corporate failure. [1] Critics will also ask “Where were the shareholders?”, by which they typically mean institutional investors. [2] But observers usually ignore an equally important question: Where were the beneficiaries? Statutes, regulations and codes around the world have sequentially addressed the duties of corporate managers, the responsibilities and structure of boards of directors, and optimum stewardship behavior by institutional investors.
Activist investor Mitarotonda steps up his insurgency campaign at the woman's retailer with a 10-page letter while University of Delaware's Charles Elson raises concerns about a company director nominee
Serving on a corporate board can be a rewarding way to work hard, learn a lot and collaborate with extraordinary leaders.
ey.com - How can data lead to better corporate governance? We break down the numbers to reveal top board practices and leading trends.
Do you want to be on a board? Here are 5 steps you can take to increase your chances of receiving a board invitation.
Apple is issuing bonds in Taiwan and Australia as part of its plans to raise $3 billion to $4 billion in debt in the Asia Pacific region, a person with knowledge of the plans said.
For those who have been through multiple business cycles, the SEC’s recent focus on financial fraud and accounting irregularities is nothing new. While there have been periods of time during which the SEC focused on financial fraud, there are also intervals when other issues are more prominent, like the most recent financial crisis.
Warren Buffett spoke from the front row about director stewardship: “As a stockholder, I’m really only interested in the board accomplishing two ends. One is to get a first class manager and the second is to intervene in some way when even that first class manager will have interests that are contrary to the interests of the owners.”
It looks as if hedge fund activists engineer not just a short-term pop in target firms' stock prices but also long-term improvements in innovation.
This study extends the empirical evidence of hedge fund activism impact on target firm performance. We investigate whether activism strategies as well as their
Who are today’s shareholder activists? What changes do activists want? What tactics will they likely use? Is your company a target? Is your company prepared and ready to respond?
When is defeating an activist actually a win?
|
Scoop.it!
