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People who need to pay their taxes in cash now have another option.
So says a survey of more than 300 board members conducted by Forbes Insights on behalf of Deloitt
Kyocera is a laggard when it comes to return on equity. Pressure from Abenomics and shareholders could change that.
Chinese Internet giant Alibaba Group Holding Ltd., in its biggest overseas acquisition to date, said Tuesday it would pay about $1 billion for a controlling stake in Singapore e-commerce startup Lazada Group, betting on growth in populous Southeast Asia.
The surge in shareholder activist campaigns directed at corporate America in recent years makes clear that few public companies are immune from shareholder activism. However, companies are not powerless in preparing for potential activist campaigns.
On March 22, 2016, the Division of Corporation Finance of the Securities and Exchange Commission (“SEC”) issued a Compliance and Disclosure Interpretation (“C&DI”) regarding the form of proxy requirements outlined in Rule 14a-4 under the Securities Exchange Act of 1934, as amended. [1] In particular, the C&DI relates to the requirement in Rule 14a-4(a)(3) that the form of proxy “identify clearly and impartially each separate matter intended to be acted upon, whether or not related to or conditioned on the approval of other matters, and whether proposed by the registrant or by security holders.”
In our paper, Say on Pay: Do Shareholders Care?, which was recently made publicly available on SSRN, we examine the impact of enhanced executive remuneration disclosure rules on the voting pattern of shareholders under UK regulations. The key findings are that shareholders guide their vote by top line salary only, and appear to disregard the remaining—substantial—body of information provided to them.
Some commentators attribute the success of certain hedge fund activism events to “wolf pack” activism, the theory that the primary activist is successful because of the support offered by other investors (i.e., the wolf pack).
Hedge funds prodding for change at United Continental approve of the airline’s recent recruitment of former industry executives to join its board, but say the choices don’t go far enough, setting the stage for more jousting.
Royal London Asset Management to vote against Bob Dudley remuneration report following BP’s worst ever annual loss
The wisdom of additional C Series investment is currently the subject of much heated debate
To Starboard Value, the busiest of the big activists, one fight for an entire board isn't enough.
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Hardly a week passes without another warning regarding its importance, and companies of all size
A recent experiment in which an artificially intelligent chatbot became virulently racist highlights the challenges we could face if machines ever become superintelligent. As difficult as developing artificial intelligence might be, teaching our creations to be ethical is likely to be even more daunting.
Valeant Pharmaceuticals International CEO J. Michael Pearson has reversed course and agreed to be deposed by a Senate committee, averting a potential contempt citation.
The main goal of our paper, Inefficiencies and Externalities from Opportunistic Acquirers, which was recently made publicly available on SSRN, is to quantify a potential inefficiency in the mergers and acquisitions (M&A) market.
On April 4, 2016, the Internal Revenue Service (the “IRS”) and the Treasury Department (“Treasury”) issued (i) final and temporary regulations addressing inversion transactions (the “New Inversion Regulations”) under Section 7874 (and certain other provisions of the Internal Revenue Code) and (ii) proposed regulations under Section 385 that would treat intercompany debt as stock in many situations.
It is a great pleasure to have the opportunity to speak here today [March 31, 2016] as part of the Virginia Association of Economists annual meeting at Virginia Military Institute and Washington and Lee University. This is an appropriate setting for the topic I will be addressing—the role of the Federal Reserve as the central bank of the United States. When the Federal Reserve Act was enacted in 1913, H. Parker Willis, who had been a professor at Washington and Lee University, played a critical role. He worked closely with Representative Carter Glass of Virginia in crafting the legislative proposal that established the Federal Reserve, and Willis became the first Secretary of the Federal Reserve Board in 1914.
Proxy advisors have been giving advice to their shareholder clients for many years. This includes advice regarding, among other things, proposals put before annual shareholders’ meetings by management and by shareholders themselves. Beginning with the 2011 proxy season (as a result of the Dodd-Frank legislation in 2010) proxy advisors added say-on-pay votes to their portfolio of advice to shareholders.
Mobile-advertising growth has driven a stunning rise in the two companies’ market values. But investors may be taking a glass-overflowing view.
A serial board member explains why even young companies need strong directors.
Read more about A lesson on corporate governance in family business on Business Standard. In family-managed business groups, the monitoring role of independent directors is secondary and the advisory role is primary
Commission chair Maureen Jensen says she believes program will provide access to complex cases that would never have come to light otherwise because they are ‘just invisible on the outside’
This brings Air Baltic’s total firm order to 20 planes
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Scoop.it!
