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 […]
A nice piece appeared in The Wall Street Journal this week covering ‘Say-on-Pay’ proposals, their prevalency in European countries, and the implications of a Barack Obama victory this November.
Certainly the soup du jour for the 2008 proxy season, executive pay-related shareholder proposals should receive an added boost with the new SEC-mandated CD&A (Compensation Discussion and […]
As predicted earlier, the Microsoft-Yahoo ordeal is slowing turning into what could be the most fascinating proxy contest ever.
The Washington Post provides a great piece today on the strategy involved for Microsoft. Perhaps for the first time ever, a proxy contest has been called a “less-expensive alternative” (see the math in the 2nd paragraph). In […]
J. Robert Brown at The Race to the Bottom pens a great article on the SEC and its failure to highlight proxy access as a main initiative in 2008.
According to Brown, this could very well backfire, causing shareholder activists to lobby for even greater power and control.
For more, click here.
Jeff Nash over at Financial Weekly has a great feature today on renown shareholder activist Bob Monks.
Monks, 74, has recently come out with a new book, Corpocracy, targeting executive compensation practices at public companies.
Nash’s feature takes a shot at the Business Roundtable, plugs for Barack Obama, and playfully digs at Monks for his ties to Tyco ex-CEO Dennis […]
Hold your horses…
Carl Icahn is ready to blog.
The old-fashioned barbarian will be typing out his thoughts on unperforming companies, excessive pay, and everything else that disgruntles him in a soon-to-be ready blog on his Icahn Report website.
Jeffrey N. Gordon has released a draft of his forthcoming paper titled Proxy Access in an Era of Increasing Shareholder Power: Forget Issuer Proxy Access and Focus on E-Proxy.
A bit dry reading for one sitting, but his abstract, as published at The Harvard Law School Corporate Governance Blog, provides salient points:
The current debate over shareholder […]
Two great posts were written yesterday and today by management guru Jim Stroup.
Yesterday, Jim wrote about the conflicts inherent with having a board comprised mostly of CEOs, and why a much better system would evolve out of developing “professional directors”. This new breed of directors would not be trained to be CEOs, but rather trained […]
