In preparation for the 2015 proxy season, companies should be aware of the updates to the policies that govern how the two influential proxy advisory firms, ISS and Glass Lewis, will be a...
In preparation for the 2015 proxy season, companies should be aware of the updates to the policies that govern how the two influential proxy advisory firms, ISS and Glass Lewis, will be a...
In what is being called the “Boardroom Accountability Project,” the New York City Comptroller, on behalf of the New York City Pension Funds, issued a press release yesterday announcin...
Both ISS and Glass Lewis have released their policy updates for the 2015 proxy season, with new guidelines for board adoption of bylaws, IPO companies, independent chair shareholder propo...
A study by the CFA Institute has been quoted in shareholder proposals seeking proxy access for a particularly notable statement: that proxy access has the potential to raise U.S. market c...
A database of compliance policies for Fortune 500 companies, launched by the University of Houston Law Center, should help companies that want to benchmark their protocols.
The free datab...
In a novel request, Whole Foods has submitted a no-action letter to the SEC seeking to exclude a proxy access shareholder proposal under Rule 14a-8(i)(9), because the company’s board ha...
We previously described ISS’ draft voting policy to be effective for 2015 meetings beginning next February. Please see our comment letter to ISS on their proposed changes to the indepen...
The SEC has approved Auditing Standard No. 18, adopted by the PCAOB in June. The standards become effective for audits of financial statements for fiscal years beginning on or after Decem...
Companies may want to mark their calendars now for the period beginning 9 a.m. EST on November 3 through 8 p.m. EST on November 14 for the data verification period related to ISS Governan...