The key is a classic symbol of authority or control. In the center of the seal, a key passes from one hand to another, signifying […]
Shareowner Guidelines for Say-on-Pay Voting
Today, the United States Proxy Exchange (USPX) released standards for shareowners to use in making say-on-pay voting decisions. Congress’s new “say-on-pay” rules allow shareowners to […]
Abolishing Corporate Personhood: Be Careful What You Ask For
Contrary to popular belief, corporate personhood was not an invention of late nineteenth century robber barons. Following the Supreme Court’s landmark decision in Citizens United, calls […]
Model Proxy Access Proposal
Model Shareowner Proposal for Proxy Access Today, the United States Proxy Exchange (USPX) released a Model Proxy Access Proposal that can be presented to […]
Take Action!!! – Letter Writing Campaign Targets Symantec
In June of this year, the United States Proxy Exchange (USPX) was contacted by shareowners who had heard rumors Symantec Corporation would not hold a […]
USPX
Request for Comments: Say-on-Pay If average shareowners believe the vast majority of executives are excessively compensated, then collectively they should vote to reject the vast […]
Updated Model Proxy Access Proposal
Two weeks after SEC lawyers granted six corporations approval to exclude “proxy access” proposals from their proxy materials, USPX members are already submitting an updated versionof […]
SEC Plans to Patch – Not Fix – the Proxy System
Yesterday, the SEC held an open meeting to issue a concept release seeking public commentary on the US proxy system. Cluttered with Washington-style self-congratulation, the […]
Proxy Access Efforts
As Glyn Holton reported last week, the SEC denied no-action requests from Forest Labs ($FRX) and Medtronic ($MDT). (SEC Delivers For Shareowners On Proxy Access, 6/29/2012) Therefore, shareowners will […]
ESG Gaining Acceptance
Since 2005, KLD has studied the S&P 100’s sustainability reporting practices for the Sustainable Investment Research Analyst Network, a working group of the Social Investment Forum. The 2008 Sustainability […]
Grade Inflation or Truly Outstanding?
Business Week carries an article, Stars of the Boards, outlining recent awards by the Outstanding Directors Institute. “The group presents a list of candidates — nominated by […]
CalPERS OKs Limited Investment in Black-Listed Countries
Compensation for directors of large US companies was up18% in 2004, according to Mercer Human Resource Consulting. The study, which analyzed 2005 proxy statements, found […]
CalPERS Fails to Act on Expensing Options
“Stock options should not be treated as a business expense,” California’s Governor Gray Davis told the Silicon Valley Manufacturing Group at their board meeting in […]
LENS Files Complaint at Metromedia
Shareholder activist, Lens Investment Management, LLC, filed a formal complaint, under Section 220 of Delaware General Corporation Law, against Metromedia International Group, Inc. (Amex: MMG), […]
Minow Writes to SEC
Nell Minow of the Corporate Library recently wrote to the SEC to express her concerns a growing number of no action letters that make no […]