2019
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On Governance: How the Shift from Monocapitalism to Multicapitalism Creates Integral Value
February 20 | Bill Baue, Senior Director, Reporting 3.0 | Comments (1)Integrated reporting expands traditional thinking, with its predominant focus on financial capital (i.e., monocapitalist), by casting a wider net to assess how value is created across multiple capitals (i.e., multicapitalist).
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On Governance: Using Sustainability Metrics in Incentive Compensation Plans
February 15 | Arthur Kohn, General Counsel - ERISA, Compensation & Benefits, Citi | Comments (0)Recent developments concerning corporate sustainability suggest that compensation committees of public company boards of directors, as well as human resources executives, should consider the use of metrics developed to measure sustainability in incentive compensation plans.
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On Governance: How Integrated Reporting Helps Define and Measure Value
February 13 | Keith Ambachtsheer, Founder, KPA Advisory Services | Bill Baue, Senior Director, Reporting 3.0 | Comments (0)How do asset owners tell their multi-dimensional value-creation story in ways that go beyond simplistic price signals which might mask value destruction, particularly at the collective level? By adopting Integrated Reporting (or IR as it is commonly abbreviated), we believe.
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On Governance: Do You Know Who Your Shareholders Are?
February 07 | Eileen R. Cohen, Senior Counselor, H/Advisors Abernathy | Comments (0)In this heightened environment of activism, quantitative investing and shorting, understanding who owns your company and why and even more importantly which firms do not own the stock is information that company management and the board should have in their arsenal.
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On Governance: How do you Build Trust? One Marble at a Time
February 05 | Cindy Fornelli, Executive Director, Center for Audit Quality | Comments (0)There are massive institutions, entities, and laws designed to foster trust in the markets. One of those entities is the public company auditing profession itself.
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Update: SEC up and running … for now
January 30 | ESG Center | Comments (0)The SEC’s Division of Corporation Finance, which handles no-action letters regarding shareholder proposals, is back in business for now as the federal government shutdown ended Jan. 25.
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Federal Government Shutdown Throws Wrinkle into Proxy Season
January 25 | Gary Larkin, Former Research Associate, Corporate Leadership, The Conference Board | Comments (0)A consensus of law firms believe the partial federal government shutdown could significantly slow down the Rule 14a-8 no-action letter process if it isn’t resolved soon.
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Report: Board Diversity Progress Made but More Needed
January 23 | ESG Center | Comments (0)Fortune 500 board representation of women and minorities saw an all-time high of 34 percent, compared to 30.8 percent in 2016, according to the "Missing Pieces Report: The 2018 Board Diversity Census of Women and Minorities on Fortune 500 Boards," a multiyear study published by the Alliance for Board Diversity (ABD), in collaboration with Deloitte.
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Re: Xura Decision – Are Non-Director Officers Protected by Business Judgment Rule?
January 14 | Arthur Kohn, General Counsel - ERISA, Compensation & Benefits, Citi | Comments (0)In advising non-director officers about conduct that could give rise to fiduciary claims, it is prudent to routinely advise that they take steps to meet the conditions of the business judgment rule. However, practitioners should also keep in mind that there may be a question whether officers will be entitled to that protection.