Archive for the 'Executive Pay' Category

Corporate raider blog for Carl Icahn

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.

E-Proxy… future BFF of shareholder activists

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 […]

Finally a victory for corporate governance activists?

Yesterday’s report about the SEC’s letters chiding corporations about corporate pay disclosure may finally signal a victory for corporate governance activists.  This victory – any victory – has been a long time coming. 
Since the passage of Sarbanes-Oxley, corporate governance activists have had little to cheer about.  There have been many fights along the way, […]

The SEC comes out charging

Kudos to the SEC, who marked the opening month of proxy season by admonishing many firms for failing to provide enough information on executive compensation.  Specifically, the SEC is scrutinizing bland descriptions and generalizations made all too often by publicly-traded companies. 
For further reading, see The Wall Street Journal’s piece here.