Environmental, social and governance (ESG) criteria are growing in importance as a means for investors to evaluate companies. Arising from the ...
If billionaire activist investor Daniel Loeb's campaign to have Prudential Plc separate its Asian and US operations into two public listed companies gains traction, Singapore investors might briefly experience the thrill of having an insurance stock in the local market that...
Recently, we had a robust discussion with @Women Corporate Directors, San Diego Chapter, on the topic of environmental social governance (“ESG”). Here are some highlights...
At Berkshire Hathaway, chairman Warren Buffett and his right-hand man Charlie Munger search for specific traits when hiring the company’s board of directors and managers...
Several European countries - including Norway , Germany , Finland, France and Spain - have introduced quotas for women on company boards. Other countries have introduced voluntary targets and imposed penalties for failing to appoint women directors . And this year, public companies in California will face a US$100,000 penalty if their boards don't include women...
However, it's high time for the very highest-paid executives to voluntarily take notice, give back and get a perspective on the disparity in compensation between themselves and the workers at their companies...
Berkshire Hathaway hasn’t done a big deal in years, as Warren Buffett explains in his latest annual letter to shareholders. Even so, he’s happy with his track record...
Climate change poses systemic risks to the global financial system and specific risks to financial institutions with exposure to the fossil fuel sector. JPMorgan Chase (“JPM”), the largest US bank, is by far the largest global lender and underwriter to the fossil fuel sector, providing nearly $196 billion in lending and underwriting in the three years (2016-2018) since the Paris Agreement was adopted in 2015...
Can a new stock exchange backed by the Bay Area’s most powerful players take on the NYSE and Nasdaq?...
Advisors Sam Ogrizovich and Cristine Marik share how they integrated ESG into their practice...
The crisis unfolding at NMC Health, the Middle East’s largest hospital operator, has reignited the debate about the governance of overseas companies listing in London. The mystery of NMC’s ownership structure deepened on Monday after founder and co-chairman Bavaguthu Raghuram Shetty quit the board of the FTSE 100-listed company over concerns that he misreported his stake...
Remember the subprime mortgage crisis in the US, which occurred from 2007 to 2010? That was when reckless money lending practices triggered a ...
His priorities have included ESG initiatives such as improved corporate governance , increased gender diversity, and building a climate change ...
Liberals claim they’re troubled by corporate power. So why are they working to expand it? ‘Stakeholder capitalism” is officially here. That’s the fashionable notion that companies should serve not only their shareholders, but also other interests and society at large. Last month Airbnb’s leaders announced a new mandate that the company “benefit all our stakeholders over the long term,” including through tying executive compensation to the company’s social goals...
Corporate governance is at a critical juncture. The old-line, New York law firm classic board room legal defense efforts will continue. But clinging to ...
Boards at many organizations continue to comprise a rather predictable set of senior male executives. But businesses cannot compete globally, and meet higher-level stakeholder expectations, if this is allowed to continue...
After a career spent working on “very important backup plans,” Steve Mollenkopf has steered Qualcomm through one rough patch after another...
As an alternative, companies could include the new disclosure in a proxy section discussing general corporate governance best practices or next to ...
The “Shadow app” is a reminder of why board exercise oversight of innovation is needed, and how that oversight can be exercised...
It has been another busy year for the Delaware courts, with opinions issued in a number of key areas. The Delaware Supreme Court confirmed that Caremark claims, although generally very difficult to maintain, can survive a motion to dismiss...
Today, the accelerating pace and intensifying complexity of change are creating a fundamentally different operating reality that is putting the competitiveness and governance of many businesses to the test. NACD’s most recent Public Company Governance Survey found that looking forward to 2020, directors are most concerned about the impact of growing business-model disruptions, the slowing global economy, increased competition for talent, changing cybersecurity threats, and rapid technology changes...
In my work with the compensation committees of boards of directors, as both an internal compensation expert as well as an external consultant, I've found that the most effective committees have certain qualities and behaviors in common. If you want to maximize your performance as a compensation committee member, here's my best advice...
With the 2020 proxy season around the corner, we have prepared a brief review of key corporate governance trends that can inform how you frame your company’s prior-year performance and objectives for the coming year. We focus on the top five trends gleaned from 2019 proxy statements to ensure our clients and other company leaders have the tools they need to successfully navigate this important regulatory terrain...
We reached out to a corporate governance organization, investors, financial analysts, industry veterans, and Tripadvisor itself to get a reading on the ...