Corporate governance - Vigil

Yvan Allaire and François Dauphin cogently analyze the costs and risks of proxy access, arguing that "Anyone believing that this process is likely to produce stronger boards in the long run needs to consider anew the calculus of current and prospective board members, the actions, likely dysfunctional, of people facing the humiliation (and economic loss) of an electoral rejection."

U.S.-style bylaws unfairly limit shareholders’ legal options for suing companies and will likely be appealed, expert says

Billionaire investor William Ackman's Pershing Square Holdings hedge fund ended 2015 with a 20.5 percent loss after Valeant Pharmaceuticals, a top holding, has battered in the second half of the year.

Activist investors have transformed themselves from derided corporate raiders to accepted voices in the corporate boardroom, helping produce a banner year for the movement.

Shareholders claim to have problems with virtually every aspect of Dominion's business which has seen its stock sink 40% this year and is now exploring a sale, sources say

International Journal of Disclosure and Governance is one of the leading sources of authoritative and detailed information on leading-edge practice in governance and effective transparency of information for publicly listed companies.

Ackman’s hedge fund now owns 29.1 million shares in Valeant, or 8.5 per cent of the company, down from 34.1 million shares, or 9.9 per cent

Ari Bergmann has been an under-the-radar consultant for some of Wall Street’s most influential investors, part of a larger ecosystem of advisers who sell their investment beliefs to large money managers

The famed activist investors of today are fine-tuning 400-year-old tactics.

Corporate governance mitigates agency costs by protecting outside investors from exploitation from insiders, as well as aligning the financial and other incentives of insiders with those of the principal.

As reported by WSJ & FT, Apple adopts proxy access but it is proxy access 'lite.' Shareowners will vote on REAL proxy access at the upcoming annual meeting.