Investors Are Challenging Companies On Board Diversity In 2017, investors challenged many public company boards 1 to improve their gender, racial, and ethnic diversity. 2 Institutional investors, such as CalPERS 3 and NYC Pension Funds, 4 as well as large mutual fund companies, such as State Street Global Advisers and BlackRock, Inc., 5 have made their message very clear to existing boards: make reasonable commitments and progress toward adding women and minorities to your board, or be prepared to be challenged for re- election. One investor explained to me that gender diversity was the initial ...

There are various ways by which independent oversight can be introduced to partnership fund structures, but the most common approach we see is for the partnership to establish an independent management committee. Such management committees must be distinguished from advisory committees, ...

Board diversity is being actively considered and encouraged by regulators, corporate governance groups and investors, both in the United States and internationally, and the current focus on board diversity is likely to continue. Companies should review the applicable diversity-related obligations in their ...

An old debate in corporate law is about the role, and control, ... right, one that is complementary to other best-practice corporate governance features...

While this legislation focused principally on changes to the financial regulatory system, several corporate governance and compensation provisions of ...

Although the rule allows a company to choose a methodology based on that ... of executive compensation and related corporate governance issues...

The publication of the UK Government's Corporate Governance Reform Green Paper 1 (the Green Paper) demonstrates that the UK has a legislative ...

The UK Corporate Governance Code recommends that boards should ... In theory, having well documented procedures for a governance review ...

This companion supplement to the Fenwick survey, Corporate Governance Practices and Trends: A Comparison of Large Public Companies and ...

Recently, a group of prominent corporate executives, including Warren Buffett and Jamie Dimon, as well as investment managers and institutional ...

... only from activist investors seeking higher returns and better governance , but from governments and various interest groups outside the corporation ....

Advocates for board diversity contend that different backgrounds and perspectives will enhance a board's effectiveness and will ultimately lead to an increase in diversity throughout the corporate hierarchy.....

The rule will require each Nasdaq-listed company to disclose all such .... The SEC believes that the corporate governance standards embodied in the ...

The rapid downturn in the price of oil and gas and decline in the price of commodities has sent ripples through the Canadian economy. It is therefore timely to consider the exposures directors and officers of Canadian companies can face, especially if their companies are in the vicinity of insolvency ...

The business of a company is managed by its directors who may delegate their powers to persons or committees and who may regulate their meetings as they see fit. For good corporate governance, it is recommended that directors meet at least once every quarter to discuss the business of the company. 

The board may elect one of its members as managing director and confer upon the managing director any of the powers exercisable by the board upon such terms and restrictions as the board thinks fit....

Traditionally, most directors are mature, experienced and, in many cases, fill this role after retirement or near the later part of their career. The perspective these directors bring to a boardroom is vitally important. Still, age diversity on boards help the corporation to benefit from the different perspectives of different age groups. Age diversity of boards encourages board development and learning, and can foster creativity and innovation, and many studies have found positive relations....

Regarding the main sources related to corporate governance in our country, the most important legal orders are the General Corporations Law (GCL), ...

As outside legal counsel to a wide range of public companies in the technology and life sciences industries, many of which are based in Silicon Valley, Fenwick has collected information on corporate governance in order to counsel our clients on best ...

The new CEO was the existing Group Head of the bank's Wealth Management group and, in view of his deep knowledge of the bank and the board of directors' confidence in his leadership, the board decided to accelerate the retirement of the bank's former...

Up until the recent past, investment behemoths such as BlackRock and Vanguard were not known for their engagement in corporate governance issues. In 2013, the New York Times wrote that BlackRock was "far" from being an activist investor, explaining ...

The Law regulates three categories of directors: (i) registered directors, (ii) professional directors and (iii) corporate directors . Registered directors are persons who hold the position of director on less than 20 covered entities. Professional directors are persons ...

"The register noted in Section 23 of the Directors Registration and Licensing Law, 2014 is basically a housekeeping provision since all registered, professional and corporate directors are directly regulated by the Cayman Islands Monetary Authority (CIMA) ...

This article is prepared for demonstrating the role corporate governance issues play in mergers & acquisitions ("M&A"). The term " corporate governance " can be briefly defined as rules introduced by the articles of association of companies, regulations on ...