by David Schwartz J.D. CPA | Jan 26, 2015 | All, Change Overview and Rationale, Formal Regulatory Remedies
Today, the Securities and Exchange Commission announced that it will hold a February 19 public roundtable discussion on improving the proxy voting process. The roundtable, which will be held at the SEC’s Washington, DC headquarters, will focus on universal proxy...
by David Schwartz J.D. CPA | Jul 21, 2014 | All
It is often said that good corporate governance helps reduce a company’s investment risk, ensures the effective deployment of shareholder capital, and ultimately contributes to the long-term performance of public companies. . . On the other hand, the absence of a...
by David Schwartz J.D. CPA | Jul 15, 2013 | All, Change Overview and Rationale, Commentary, Lender Directed Voting
The federal government is not now and has never been in the business of telling you how you should vote your proxies. But it seems that through regulatory creep, the government may have indirectly given the power to tell investors how to vote their proxies to someone...
by David Schwartz J.D. CPA | Oct 19, 2012 | All
Two new studies examine the influence proxy advisory services like ISS and Glass-Lewis have on the outcomes of proposals made to shareholders in firms’ annual proxies, particularly say-on-pay votes, which became mandatory for most public companies in 2011. Both... by David Schwartz J.D. CPA | Sep 19, 2012 | All
Mutual funds hold substantial power to influence corporate governance around the world. In the United States alone, mutual funds own over a quarter of the outstanding shares of U.S. stocks. Clearly, this represents an enormous amount of the voting power. And, along...
