SEC staff will host a roundtable this fall to hear from issuers and investors about whether to change the proxy process. Chairman Clayton has asked the staff to consider the following it...
Earlier this month, the Shareholder Rights Group, which consists of 15 well-known shareholder proponents, issued a report on this proxy season’s no-action letters. More than half of th...
#MeToo may no longer dominate daily headlines but its indelible impression remains. Corporate boards’ mandate to act in their shareholders’ best interest includes not only overseeing ...
Several of the bills marked up recently by the House Financial Services Committee, with all but the last one agreed to by voice vote, impact public companies and IPOs, including:
Promoti...
An initial public offering is a key inflection point for a company, not least because it often triggers the opportunity to review and replace the company’s corporate governance structur...
A recent WSJ Op-Ed from Jamie Dimon and Warren Buffet, together with the Business Roundtable, encouraged all public companies to move away from providing quarterly EPS guidance. The Coun...
On July 2, 2018, the SEC issued an order criticizing an issuer’s disclosure of executive perquisites and requiring the issuer to take measures to ensure that its future disclosures comp...
Management of human capital is an increasing area of focus for investors as part of their ESG assessments. But what exactly falls under the “human capital” rubric, as the term seems a...
On July 29, Equifax determined that it had been subject to an IT breach that included sensitive information. A crisis team was formed to determine the scope of the intrusion and begin a n...
Eighty percent of the companies targeted by the New York City Comptroller responded, according to a press release announcing the results of its Boardroom Accountability Project 2.0.
The C...
