Corporate Governance Blog
Discussion of legal and corporate governance issues facing major companies.
Author: Institutional Shareholder Services, whose U.S. headquarters is in Rockville, Md., is a wholly-owned subsidiary of RiskMetrics Group. Together, they have 900 employees in 23 offices. They focus on helping companies with corporate governance, and, as ISS reports on its Web site, "we are working to innovate solutions that enable institutional investors to effectively manage risk through a broad range of environmental, social and governance data, research, analytics and modeling."
Blawg Related Categories: Corporate Law • Business Law • Legal Information
Recent Posts from Corporate Governance Blog
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A Momentous Day for Investors Submitted by: Ted Allen, Publications
July 1 was a momentous day at the U.S. Securities and Exchange Commission as the commissioners approved a long-awaited board election reform and proposed a series of wide-ranging disclosure rules. By a 3-2 vote, the…
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The SEC Approves “Broker Voting” Rule ChangeSubmitted by: Ted Allen, Publications
By a 3-2 vote, the SEC today approved a long-anticipated New York Stock Exchange proposal to bar brokers from casting uninstructed client shares in uncontested director elections. Also today, the SEC unanimously voted to propose…
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“Say on Pay” Wins Majority Support at SupervaluSubmitted by: Ted Allen, Publications
A shareholder proposal seeking an annual advisory vote on executive compensation won more than 50 percent support at Supervalu, a Minnesota-based grocery chain, according to news reports. The vote at the company’s June 25 annual…
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The SEC to Address Broker Votes and New Disclosure RulesSubmitted by: Ted Allen, Publications
The Securities and Exchange Commission plans to address the long-awaited New York Stock Exchange’s “broker vote” rule at an open meeting on July 1. The NYSE has proposed to amend exchange Rule 452 to remove…
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Obama Unveils Regulatory ReformsSubmitted by: Ted Allen, Publications
President Barack Obama today unveiled a series of proposals as part of a “sweeping overhaul” of the U.S. financial regulatory system. While the administration did not go far as some market observers had expected, the…
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RiskMetrics Group Launches Annual Global Policy Formulation ProcessSubmitted by: Sarah Cohn, Corporate Communications
RiskMetrics Group today kicked off its annual global policy formulation process by inviting its institutional investor clients along with a broad range of industry constituents to participate in its 2010 proxy voting policy survey. This…
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Michigan Congressman Introduces Governance BillSubmitted by: Ted Allen, Publications
On June 12, U.S. Rep. Gary Peters of Michigan introduced a far-ranging governance bill that also addresses “broker” votes, disclosure of performance targets, and compensation consultants. Other provisions of Peters’ bill, “The Shareholder Empowerment Act…
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Labor Investors Protest Pulte’s Refusal to Accept ResignationsSubmitted by: Ted Allen, Publications
The CtW Investment Group has called on the board at Pulte Homes to reverse its decision to seat three directors--Debra J. Kelly-Ennis, Bernard W. Reznicek, and Richard G. Wolford--who received majority opposition. “By failing to…
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Treasury Calls for Annual Advisory Votes and Empowering Pay PanelsSubmitted by: Ted Allen, Publications
The Obama administration said today it would support legislation to require an annual advisory vote on executive compensation at all U.S. public companies. The administration also called for a bill to boost the independence of…
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RiskMetrics Group to Hold Governance Exchange Webcast: 2009 Proxy Season Trends and a Look AheadSubmitted by: Sarah Cohn, Communications
RiskMetrics Group will hold a special two-part Governance Exchange webcast, 2009 Proxy Season Trends and a Look Ahead, on Tuesday, June 16 at 1 p.m. EDT. During the first half hour, members of RiskMetrics’ research…