Archive for the 'RiskMetrics' Category

RiskMetrics faces critics on Wednesday

The Wall Street Journal runs an excellent profile today on corporate governance problems at (gasp!) RiskMetrics Group.
RiskMetrics, as owner ISS Governance Services, makes a living by proclaiming good corporate governance standards.  Too bad the company doesn’t live up to its own advice.
This Wednesday, shareholders will have a chance to attend the company’s first annual shareholder meeting […]

Broc has his say on “Say on Pay”

Our friend Broc Romanek at CorporateCounsel.net writes an excellent post, breaking down each presidential candidate’s feelings on executive compensation.
Most importantly, Broc let’s us know how divided he personally is on the issue, detailing the following pros and cons:

CON: Compensation is a board task.  Leave it to them.
CON: Say on Pay gives RiskMetrics (formerly ISS) even more clout.
CON: […]

Another uprising at Morgan Stanley?

Shareholders are barking up the tree again in advance of next week’s annual shareholder meeting at Morgan Stanley.
The Wall Street Journal writes a great piece detailing the efforts of CtW Investment Group, the investment arm of labor federation Change to Win.  CtW is urging a “vote no” against three directors:  Chairman/CEO John Mack,  Robert Kidder, and […]

ISS founder Bob Monks has new book

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 […]