Increasingly, women executives are realizing that it’s not enough to just make it to the C-suite – indeed, they’re also compelled to save seats for young women to follow in their footsteps...
Facebook Inc. Chief Executive Officer Mark Zuckerberg took the unusual step on Friday of publicly broadcasting a weekly Q&A with employees. Over a live video feed, the CEO announced a series of updates to Facebook’s policies...
ESG goals are important, but do we need a new framing to capture the true drivers of sustainability -- virtualization, electrification, and sequestration...
Pershing Square founder Bill Ackman (Trades, Portfolio) has achieved phenomenal levels of success during his time on Wall Street. However, it hasn’t always been a straight line up, with the activist investor suffering a number of major setbacks...
Wirecard’s dramatic fall from grace has thrust corporate governance and industry regulation in Germany firmly in the spotlight...
For decades, investors have recognized the importance of good corporate governance as a contributor to a company’s long-term prospects. Recent years have seen a growing consensus that good environmental stewardship can enhance returns, as well...
As the coronavirus pandemic began to decimate American businesses in March, companies struggling financially rushed to cut executive pay as a signal to their customers and workforces: We're in this together. But some firms that slashed CEO compensation are already—barely a quarter later—starting to reinstate it...
The latest Director Note published by The Conference Board presents practical advice on how public companies can maximize the benefits that a diverse board provides by enhancing both demographic and cognitive diversity in the boardroom...
With the 2020 proxy season now concluded, thousands of U.S. public companies have filed their proxy statements highlighting key trends with regards to their governance practices. Among the many trends captured from this year’s proxy season are those related to Say on Pay and the CEO Pay Ratio. In this post, Equilar analyzes Say on Pay voting results and the effects of the CEO Pay Ratio on Say on Pay among Equilar 500 companies—the 500 largest U.S. public companies by revenue...
This spring, New York City Comptroller Scott Stringer and the New York City Retirement Systems (NYCRS) announced the successful initial results of Boardroom Accountability Project 3.0. Building on the “Rooney Rule” pioneered by the National Football League (NFL), Boardroom 3.0 calls on major companies to adopt search policies requiring the consideration of women and racially/ethnically diverse candidates for board directors and chief executive officers (CEOs)...
The pandemic is far from over. Even if it were, the sea change in corporate work forces that COVID-19 has facilitated will forever change how work is done, with more of that work being done from home. This means that corporate governance policies and security risk management strategies and protections must be equally malleable...
Additionally, overnight there is a new level of appetite for embracing digital tools. Many boards are now experimenting with digital dashboards and different aggregation tools to obtain improved analytics, and examine company performance through new lenses...
If there is any positive consequence resulting from the COVID-19 pandemic, it’s the acceleration of the shift to stakeholder capitalism away from its singular emphasis on shareholders...
As unemployment soars during the coronavirus pandemic, a key challenge for business is how to ensure a strong workforce pipeline for when the crisis recedes...
With the real estate sector in turmoil because of the coronavirus, everyone is looking for ways to cut costs and manage cash flow. Many firms have already cut executive salaries...
Proxy advisory services like Institutional Shareholder Services continue to give Berkshire Hathaway poor grades for corporate governance...
The board and management project as equal partners in reorienting the corporate business model to address social justice turmoil...
The fourth of a six-part series examining six specific and evolving rights plan provisions. As discussed in greater detail in some of our prior articles, [1] a shareholder rights plan is a protective measure used by a public company to deter (though not necessarily prevent) a stockholder from exceeding a specified ownership percentage without prior approval from the company’s board...
If stakeholder capitalism is to be more than an optimistic vision, it will require this integration to become better defined in operational and governance terms and such practices adopted in widespread fashion by Boards...
The question is on everyone’s mind: Will this moment in race relations be different? Not without corporate America playing a significant role, that’s for sure...
As investors wonder whether banks will be able to keep paying their dividends during the COVID-19 pandemic, JPMorgan Chase ( NYSE:JPM ) CEO Jamie Dimon has maintained that dividends are a "drop in the bucket" relative to his bank's total capital...
Companies and their boards are largely facing reopening decisions alone, and their decisions in the coming weeks and months will be fundamental to the companies’ survival...
For two generations, workers’ wages have stagnated. During this period, powerful institutional investors have tied executive pay to stock performance and created a corporate-governance system solely focused on delivering for stockholders...
Demographic diversity alone doesn’t guarantee a board will have a healthy variety of viewpoints on key issues. Instead, companies need to consciously design boards to expand cognitive diversity in the boardroom or risk winding up with directors who have very similar backgrounds and perspectives...