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News and Information

News and Information

October 18, 2007
'Whose Company Is It?' New Insights into the Debate over Shareholders vs. Stakeholders

By: Knowledge@Wharton

It is perhaps the core question in the ongoing debate over corporate governance: Does the corporation exist for the benefit of shareholders, or does it have other, equally important stakeholders, such as employees, customers and...


October 16, 2007
Rep. Frank: SEC Proxy-Access Vote Unwise

By: Associated Pres - Forbes

WASHINGTON - The Securities and Exchange Commission should not vote this year to finalize a rule on a highly debated shareholder-democracy issue, or run the risk of being overturned by Congress, House Financial Services Committee...


October 16, 2007
Law professors comment in favor of placing shareholder-proposed bylaw proposals on the ballot

By: Program on Corporate Governance Harvard Law School

Thirty-nine law professors, affiliated with twenty-four universities around the country, filed a comment letter with the SEC in favor of placing shareholder-proposed bylaw amendments on the corporate ballot. The comment letter...


October 16, 2007
RECORD 22,500 INVESTORS SPEAK OUT AGAINST POTENTIAL SEC CURBS ON SHAREHOLDER RESOLUTIONS, ROLE IN BOARD NOMINATIONS

By: Social Investment Forum

SEC Staff Indicates No Previous Comment Period Has Attracted So Many Comments; Strong Wave of Opposition Reflects Findings of National Opinion Survey.


October 10, 2007
Investors Oppose SEC Rights Proposals

By: Angela Barnes ReportonBusiness.com

Proposals by the U.S. Securities and Exchange Commission to limit or curtail the rights of shareholders to file resolutions and nominate directors have met with a wave of opposition from investors.


October 1, 2007
Proxy push grinds to a halt; Investor access issue going nowhere ’til courts heard, SEC slot filled

By: Financial Week, Nicholas Rummell

With the start of the 2008 proxy season just a couple of months away, chances are getting better by the day that, despite all the slings and arrows being thrown around in Washington, shareholders and corporate executives will be...


September 30, 2007
Fight over boards starting again

By: KATHY KRISTOF Tribune Media Service

A coalition of investor groups wants to mobilize shareholders to upend proposals that could damage their rights.

 

"This is a critical moment," said Daniel Pedrotty, director of the office of investment at the AFL-CIO, which has...


September 30, 2007
Ft. Worth Star Telegram – Own stock? You might want a say

By: Kathy Kristof

A coalition of investor groups wants to mobilize shareholders to upend proposals that could damage their rights.

 

"This is a critical moment," said Daniel Pedrotty, director of the office of investment at the AFL-CIO, which has...


September 27, 2007
Testimony Of Timothy Smith Senior Vice President, Walden Asset Management Chair, Social Investment Forum

By: COMMITTEE ON FINANCIAL SERVICES U.S. House of Representatives

The Securities & Exchange Commission has been pressured from all sides in recent years to address the rules for shareholders having access to corporate proxy ballots. More access? Less access? No access? All of these are on...


September 26, 2007
Survey: Few U.S. Investors Back Potential Sec Curbs On Shareholder Resolutions, Role In Board Nominations

By: Opinion Research Corporation (ORC)

Survey of 1,000+ Investors is Latest Phase of Campaign to Save Shareholder Rights; Just One Week Left Before SEC Comment Period Expires on October 2nd.


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