The Benefits and Costs of Shareholder Activism

A presentation of the academic research paper The Returns to Hedge Fund Activism: An International Study by Professor Marco Becht and Professor Julian Franks will take place at the London Business School at 17.30 on Tuesday, 27 May 2014 at the London Business School. It will be followed by a panel discussion where senior practitioners will share their insights and perspectives on the subject, and a reception. Attendance is by invitation only.

From:: The Benefits and Costs of Shareholder Activism

      

Take Action: Vote Proxy Access at Citigroup (C)

By James McRitchie

The deadline for voting online is April 21st. My proposal, #8 on Citi’s proxy (page 97), would bring proxy access (page 40) to our company by allowing shareowners to place board nominees on Citi’s proxy. Don’t be fooled by Citi’s opposition statement, which calls the ownership thresholds “low.” In reality, 1% of Citi is huge; about $1.4B. The […]    

Guest Post: Stay Informed with Jurify’s Free Corporate Governance Database

By James McRitchie

Guest Post by Nicole Jasso Lopez, corporate lawyer and President at Jurify.com, discussing how Jurify presents corporate governance resources and keeps you up-to-date on developments. Jurify’s mission is to make sense of the law at a time when much information is free but navigating it is becoming increasingly difficult and time-consuming. And corporate governance is […]    

SEC Seeks Comment on IAC Recommendation on Target Date Funds: IAC to Meet April 10th

By James McRitchie

The Securities and Exchange Commission is seeking comment on a recommendation by its Investor Advisory Committee (IAC) regarding disclosure by target date mutual funds. Additionally, the IAC has announced an agenda for their next meeting on April 10th beginning at 10:00 a.m. (EST), which includes remarks from Commissioners, the new Investor Advocate and a recommendation from […]    

SEC Commissioner Wants to Muzzle Shareowners

By James McRitchie In a speech to the 26th Annual Corporate Law Institute held at Tulane University Law School on Federal Preemption of State Corporate Governance, SEC commissioner Daniel Gallagher delivered a scathing attack on small investors and proposed radical steps to severely limit democracy in corporate governance. Gallagher opened his attack by stating, Activist investors and corporate gadflies have used […]