 Your new post is loading...
BCE is urging shareholders to vote against a proposal forcing it to boost female representation from the 15% of directors it has today to a minimum of 40% by 2020
Projet de loi n°20 : Loi édictant la Loi favorisant l’accès aux services de médecine de famille et de médecine spécialisée et modifiant diverses dispositions législatives en matière de procréation assistée
Corporate boards are asking more pointed questions about technology strategy and vulnerabilities. CIOs have had to step up their game when presenting to the board, ditching jargon and providing specific details about risks, projects, personnel and costs.
Editor's Note: Robert Giuffra is a partner in Sullivan & Cromwell’s Litigation Group. The following post is based on a Sullivan & Cromwell publication by Mr. Giuffra, Brian T. Frawley, Bren...
In 2014, inflation remained very close to target, the economy grew at a reasonable pace and there was no material increase in financial stability risks. Nonetheless, the economy still struggled against significant global headwinds. The 2014 Annual Report highlights the Bank of Canada’s key activities and achievements over the year, including a message from Governor Stephen S. Poloz, Management’s Discussion and Analysis, and the 2014 Financial Statements.
|
Scooped by
Institut sur la gouvernance (IGOPP)
March 27, 2015 10:02 AM
|
Recently shareholders have become increasingly active in public corporations especially in the context of takeover bids. While the empirical evidence on the impact of shareholder activism is generally inconclusive, shareholder activism (on the part of hedge funds in particular) has been shown to positively impact firm value. This conclusion supports the view that, from a policy standpoint, shareholder activism can be in the interests of all shareholders. Any other practice may well ignite the on-‐going concern that management will seek to entrench itself.
Also brokerage branch managers and Bill Ackman's favorite compliment of the last 10 years.
Editor's Note: David A. Katz is a partner at Wachtell, Lipton, Rosen & Katz specializing in the areas of mergers and acquisitions and complex securities transactions. The following post is base...
Shareholder engagement may help companies deal with activists and offer other benefits such as stronger relationships and insight into changing governance views.
Click here to edit the title
Since Pershing Square Holdings went public last year, Bill Ackman used a portion of this year’s annual letter to investors to explain the large cap activist investment strategy followed by Pershing Sq
Editor's Note: Toby Myerson is a partner in the Corporate Department at Paul, Weiss, Rifkind, Wharton & Garrison LLP and co-head of the firm’s Global Mergers and Acquisitions Group. The followi...
Editor's Note: Daniel Wolf is a partner at Kirkland & Ellis focusing on mergers and acquisitions. The following post is based on a Kirkland memorandum by Mr. Wolf, Matthew Solum, David B. Feirs...
|
Michael Strine has been appointed as first vice president of the Federal Reserve Bank of New York, the bank announced. Strine, 49, is the brother of
Longer life spans and lower discount rates are forcing companies to add more to their CEOs' pensions to meet return expectations and support future payouts, said Steve Seelig, an executive compensation consultant at Towers Watson & Co.
Editor's Note: The following post comes to us from Sullivan & Cromwell LLP, and is based on a Sullivan & Cromwell publication by Brent J. McIntosh, Theodore O. Rogers, and Jeffrey B. Wall; ...
|
|
Scooped by
Institut sur la gouvernance (IGOPP)
March 27, 2015 10:02 AM
|
Vincent Bolloré , Chairman of French media firm Vivendi, has today increased his stake from 8.15% to 10.2%, revealed in a statement by his conglomerate Groupe Bolloré. Earlier this week Vivendi urged shareholders to reject demands by US activist hedge fund P. Schoenfeld Asset Management (PSAM), for a larger payout from the proceeds of [...]
|
|
Scooped by
Institut sur la gouvernance (IGOPP)
March 27, 2015 10:01 AM
|
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?
The Returns to Hedge Fund Activism: An International Study
Any time an activist investor goes after your company, it’s a crisis. When Paulson & Company went after The Hartford and pushed it to split the company in two, the CEO and board members were shocked. But they were able to turn the crisis into an opportunity by following a few key behaviors. Here, in his own words, is former CEO Liam McGee's success story.
Hedge funds measured by Lyxor Asset Management are delivering the best performance since the second quarter of 2007, the weekly briefly from the firm observes. Lyxor: Managed futures CTAs lead hedge f
Editor's Note: The following post comes to us from Peter Cebon of the University of Melbourne and Benjamin Hermalin, Professor of Economics at the University of California, Berkeley. Work from the ...
|
Scoop.it!
