If corporations are sociopaths, what do we do about it?
January 15 | ESG News and Views Podcast | Comments (0)
The second of two interviews with former NY law partner Jamie Gamble, who has written that corporations “are legally obligated to act like sociopaths” -- that is, in the narrow economic interest of stockholders. In this interview Jamie discusses his proposed changes to the law to make it easier for corporations to act in the best interests of society at large.
Are Corporations Sociopaths? A Conversation with Jamie Gamble
January 08 | ESG News and Views Podcast | Comments (0)
The first of two provocative interviews with former NY law partner Jamie Gamble on his essay, “The Most Important Problem in the World,” which links major global challenges to corporations who “are legally obligated to act like sociopaths.” This interview addresses whether corporations are obligated to act as sociopaths. The second focuses on Jamie’s changes to make it easier for corporations to act in the best interest of society.
On Governance: Rethinking the Traditional “Three Lines of Defense” Risk Management Model
October 25 | Tim Leech, Managing Director, Global Services, Risk Oversight Inc. | Comments (0)
Tim Leech makes the case why there are more than three lines, and more than just “defense,” in effective risk management – and why the Institute of Internal Auditors should adjust course.
On Governance: Time to Replace Nominating with Governance Committee
October 18 | Denise Kuprionis, President, The Governance Solutions Group, Senior Fellow, ESG Center | Comments (0)
Audit and compensation committees have already gone through alignment at many public companies. Now it is the nominating committee’s turn for reordering.
Global Consumer Confidence: Despite Rising Anxieties, Consumers Remain Steadfast (Q3 2019)
October 07 | Indications Podcast | Comments (0)
The discrepancy between how CEOs view economic prospects (gradually worse) and how consumers continue to feel economically (positive overall) has never been bigger. Which markets have gained and lost confidence the most since the previous quarter? What consumer concern has grown the most? What can we expect for the road ahead? Find out in this conversation featuring The Conference Board’s Chief Economist, Bart van Ark, and Denise Dahlhoff, Senior Researcher focused on consumer topics.
On Governance: Now is the Time to Designate Proxy Advisors as Fiduciaries Under ERISA
September 27 | Bernard Sharfman, Associate Fellow, R Street Institute | Comments (0)
Given that shareholder voting carries with it fiduciary duties, it is somewhat surprising to find that proxy advisors have yet to be designated investment advice fiduciaries.
Western Union Foundation: Opportunity Beyond Borders
September 24 | ESG News and Views Podcast | Comments (0)
Elizabeth Roscoe, Global Head, Corporate Brand & Purpose and Executive Director, Western Union Foundation, discusses the foundation’s new goal to invest $15 million within three years, with a focus on empowering displaced and marginalized youth to succeed in today’s technology driven global economy.
On Governance: SEC’s Message to Companies, Shareholders: Don’t Expect Us to ‘Referee’ Proposal Disputes
September 20 | Gary Larkin, Research Associate, Corporate Leadership, The Conference Board | Comments (0)
The new SEC no-action letter policy could lead to further Rule 14a-8 changes as companies will be forced to engage with shareholder proposal proponents.
On Governance: 2019 Proxy Season was Huge for E&S Proposals
September 09 | Gary Larkin, Research Associate, Corporate Leadership, The Conference Board | Comments (0)
The 2019 proxy season can be summed up as such: environmental and social shareholder proposals have performed quite well… again.
On Governance: Weed & Words: A Quantitative Analysis of Cannabis Disclosure in Canada
September 06 | Carol Hansell, Founding Partner, Hansell LLP, Senior Fellow, ESG Center | Comments (0)
We analyzed the text of public disclosure documents from cannabis companies in Canada and uncovered a number of surprising results.