Corporate governance

Watch breaking news videos and read news updates about Corporate Governance on pionline.com

  1. Activism pays

     

    Articles

  1. Hedge fund investor group releases latest best practices principles

    trueAlignment of Interests Association, Austin, Texas, on Tuesday released the latest version of its hedge fund best practices manifesto, including guidelines designed to better align the interests of asset owners and hedge fund managers.

    Articles

  2. Shareholders propose that Exxon Mobil return capital to offset climate change risk

    trueA shareholder proposal filed Tuesday calls for Exxon Mobil Corp. to return capital to shareholders to protect investor value from potential risk of stranded fossil-fuel assets from climate change disruption.

    Articles

  3. NAPF: More U.K. pension funds screen money managers' stewardship

    trueEighty percent of pension funds in the U.K. screen money managers for stewardship activity — that is, the active monitoring of and engagement with companies, as well as exercising their voting rights, the National Association of Pension Funds found in its annual engagement survey, published Monday.

    Articles

  4. CalPERS supports 85% of management proposals in Q3

    trueCalPERS voted on 10,937 resolutions (10,895 management and 42 shareowner), supporting 85% of management and 64% of shareowner proposals in the quarter. Those figures were little changed from the previous quarter, when support levels were 85% and 64%, respectively.

    Articles

  5. Proxy solicitation firm Okapi Partners hires managing director

    trueTony Vecchio joined Okapi Partners as managing director, spokesman Zach Kouwe said.

    Articles

  6. NYC comptroller targets 75 companies in groundbreaking proxy access initiative

    trueNew York City Retirement Systems filed proxy access proposals with 75 companies, the largest such initiative to give shareholders a greater voice in nominating members of corporate boards of directors, said a news release Thursday from Scott M. Stringer, New York City comptroller, who oversees the ...

    Articles

  7. Oracle shareholders narrowly reject proxy access proposal

    trueOracle Corp. shareholders Wednesday rejected a proposal co-sponsored by CalSTRS calling for proxy access.

    Articles

  8. New Mexico Educational looking for firm to conduct internal audit

    trueNew Mexico Educational Retirement Board, Santa Fe, is searching for a firm to perform an internal audit.

    Articles

  9. ISS expands companies, countries in global corporate governance tool

    trueInstitutional Shareholder Services introduced an enhanced version of its global corporate governance scoring analytics for asset owners and other institutional investors, expanding by almost 10% the companies covered to 4,500, and adding markets in Brazil, Russia and South Africa.

    Articles

  10. The market is ready for proxy access

    trueIt is time for the Securities and Exchange Commission to propose proxy access again.  

    Articles

  11. Delaware County pension fund sues Simon Property over executive compensation

    trueSimon Property Group Inc., seeking to avoid investor litigation, earlier this year eliminated a $120 million stock award to David Simon, chairman and CEO, in favor of a performance-based bonus.

    Articles

  12. Chicago treasurer won't seek re-election, sits on 5 pension fund boards

    trueStephanie Neely, Chicago city treasurer, announced Monday she will not run for re-election in early 2015.

    Articles

  13. ISS acquires executive compensation data firm Incentive Lab

    trueInstitutional Shareholder Services Inc. acquired Incentive Lab LLC, an executive compensation data and analytics firm, the two companies announced Thursday in a joint statement.

    Articles