When this news first hit the news wire, it looked like a phony press release on behalf of Pali Research.
Now all major media outlets are reporting that indeed, two research analysts for Pali Research published a note on February 12th, calling for the resignation of Sprint board members Linda Koch Lorimer and Keith Bane.
And both Lorimer and Bane have […]
Perhaps one of the lesser known stories breaking from New York City this week involves The New York Times Company.
Long known as the private bastion of the controlling Sulzberger family, The Times opened the door slightly yesterday by allowing two dissident shareholder representatives to serve on its board. To accomodate, the board will increase from 13 […]
The National Investor Relations Institute released its study on e-proxy use, detailing the reasons that 44% of polled companies planned NOT to use the e-proxy process in 2008.
Among the reasons given include:
Awaiting lessons learned from 2008 adopters… 65%
Not required to in 2008 under SEC rules… 36%
Printed materials have value as marketing tools… 32%
Concerned about logistics/coordination… […]
Ka-boom. I’ll let other blogs cover all the details, ramifications, and speculation in relation to New York’s top Democrat, Governor Eliot Spitzer, facing a federal probe for prostitution.
Perhaps Nell Minow best sums up Spitzer’s impact on corporate governance and shareholder rights, as quoted in The Wall Street Journal:
“I’m a huge fan of Eliot Spitzer, and I’ll be […]
Aflac gets the shareholder rights ball rolling this proxy season as it becomes the first publicly-traded company in the U.S. to offer shareholders an advisory vote on executive compensation. Known as ’say on pay’, these advisory votes make economic sense for consumer-oriented companies such as Aflac. They also make great governance.
The Wall Street Journal gives a first look […]
That was absolutely fantastic on Yahoo’s part this week to delay its deadline for nominating a board slate.
Funny… can’t Microsoft just nominate a rival slate of directors tomorrow? Don’t we all know that Microsoft’s nominees are going to be different than Yahoo’s?
I keep having the feeling that Yahoo is like that kid is who standing in front of […]
Carl Icahn may not be blogging, but his proxy fight with Motorola is starting to simmer. As Reuters reports, Motorola has reshuffled its marketing leadership, just one day after urging shareholders to reject Icahn’s rival slate of directors.
For more, click here.
Delaware-based The News Journal explores the economic impact for Delaware being “the pre-eminent legal home of Corporate America” in a great article that reveals Delaware’s tremendous dependency upon corporate revenue. Several gems are sprinkled throughout…
Charles Elson sounds concerned about Delaware’s economy and his personal taxes much more than shareholders’ rights:
“Imagine Delaware if the worst were to happen […]
