Companies are reconfiguring their businesses to obviate any fallout from potential liabilities through greater adherence toward environmental, social, and governance principles. As they prep, the issue of diversity could be a major sticking point. Investment demand has shown that the ESG theme is quickly gaining traction...
Nasdaq’s efforts to promote diversity on boards has received support from a variety of constituencies, with a number of commenters approving of its ‘comply-or-explain’ approach...
Former eBay executive Bob Swan, who remains on eBay’s board of directors, was ousted from Intel where he had served as CEO since 2018, according to Yahoo Finance...
The gradual pace of social progress is occasionally punctuated by periods of rapid change. We are undoubtedly amid one of these shifts, as pandemic, climate risks, and economic and racial inequality test society’s resilience – and rapidly force new ways of operating...
Socially responsible investing that tracks factors like environmental, social, and governance principles is more than just a feel-good phenomenon. They can affect credit risk and investment performance...
Socially responsible investing that tracks factors like environmental, social, and governance principles is more than just a feel-good phenomenon. They can affect credit risk and investment performance...
Corporate governance has long been a focal point for large corporates, listed companies and regulated entities, with numerous studies connecting good corporate governance with higher profitability...
GRAPEVINE, Texas, Jan. 11, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it has entered into an agreement with RC Ventures LLC (“RC Ventures”) that will advance the refreshment of the Company’s Board of Directors...
Directors & Officers Risk Landscape Shaped by Insolvencies, COVID, Activism January 11, 2021 0 Comments While the COVID-19 pandemic presents risks for directors and officers (D&O), it is far from the only force these insureds and their insurers will be dealing with in the year ahead...
Direct listings have emerged as one of the new innovative pathways to the U.S. public capital markets, thought to be ideal for entrepreneurial companies with a well-recognized brand name or easily understood business model. We have also found them attractive to companies that are already listed on a foreign exchange and are seeking a dual listing in the United States...
(Bloomberg) -- Sherrod Brown, Wall Street’s likely new overseer in a Democratic-led Senate, is no fan of big banks -- though the industry is counting on the near deadlock in the chamber to forestall any sweeping legislative efforts to rein in lenders...
... company that has been embroiled in a years-long corporate governance ... Sinovac triggered the poison pill, which was written into the company's ...
Conspicuously lost in the dialogue about getting a coveted public company board seat is how to decide whether to accept one if it is offered...
Looking ahead at 2021, corporate management teams will be facing a very different operating environment from the one that prevailed through most of 2020...
THE BOARDROOMS of America’s biggest corporations remain overwhelmingly White and male, notwithstanding years of corporate pledges to add women and people of diverse backgrounds. Nasdaq, most of whose 3,000-odd member firms fit the same pattern, proposes a reform...
In 1977, Rev. Leon Sullivan, an American Baptist minister, civil rights leader, and corporate board director, created a set of guidelines to engage U.S. corporations in resisting and eliminating legalized systemic racism under apartheid in South Africa. Known as the Sullivan Principles...
When we talk about ESG – environmental, social and governance – investing, we often start with a discussion of the ‘G’ or governance...
The Wirecard affair, the latest in a series of corporate scandals in Germany, raises an important question. Why does Germany find it so difficult to protect investors? Those outside Germany who admire the Rhineland model for its seemingly enlightened form of capitalism ought to examine the Wirecard collapse in detail...
Formula 1’s incoming President and CEO Stefano Domenicali starts his new role this month, bringing recent automotive boardroom experience to the sport at a vital time as it plans its long-term strategy...
Third Point CEO Daniel Loeb David Paul Morris/Bloomberg After a tough year, Intel executives received one last 2020 surprise. It came in the form of a sharply worded letter this past week from activist investor Daniel Loeb. Loeb, CEO of hedge fund Third Point, laid out the need for change at the once pioneering chip maker...
In light of the circumstances surrounding the COVID-19 pandemic, it comes as no surprise that there was a dramatic increase in the number of virtual shareholder meetings held during the 2020 proxy season compared to prior years...
Despite unprecedented economic and social changes in 2020, board leadership remains a lucrative area where many in the C-suite are heading towards...
While you’ll need to find someone who can help you fill that missing gap, you will also need them to have capabilities that span beyond that in their arsenal...
A bold proposal by the Nasdaq stock exchange early this month may give U.S. corporate boards the biggest nudge yet to seat diverse directors increasingly seen as key to both good business and social justice as investors across industries focus more on melding the two...