Sentences with phrase «company shareholder activism»

Not exact matches

The boards of some major US and Australian companies have responded to shareholder activism by becoming more active in their pursuit of best practice.

«To do activism really, really well, you have to be not only smart and persistent, but you have to be willing,» says David Rosewater, who advises companies as the global head of Morgan Stanley's shareholder activism and corporate defense group, and who has previously represented Elliott as an attorney.

Having previously worked across the corporate governance, equities research, private equity and strategy consulting sectors, Michael now advises ASX boards and senior managers on governance - related matters and in the execution of corporate actions and vote - related company meetings, including shareholder activism campaigns and proxy battles both in Australia and abroad.

Companies must consider how their core business practices influence society, and they also can't ignore the rise of ESG activism in their own boardrooms — in 2017, the nonprofit organization Ceres tracked more than 200 shareholder resolutions on ESG topics, up from 130 in 2013.

If the Texas Act is adopted, it could have a chilling effect on shareholder activism and proxy advisory work with respect to public companies that have a specified presence in Texas, which, in turn, would help entrench management and the Boards of underperforming Texas - based companies.

In an alert to clients, attorneys from the law firm Olshan describe the scope of the legislation as «unduly burdensome, excessive and inequitable,» and warn that «it could have a chilling effect on shareholder activism and proxy advisory work that have a specified presence in Texas, which, in turn, would help entrench management and the Boards of underperforming Texas - based companies.»

Historically, shareholder activism has rarely been successful at Japanese companies.

State Comptroller Tom Di Napoli is opposing the call for him to divest the state's pension plans from fossil fuel companies, on the grounds that he can be more effective using the state's stock ownership to do shareholder activism.

A recent study conducted by April Klein and Emanuel Zur on shareholder activism found that stock prices of companies targeted by activist investors earn 10.2 % average returns during the period surrounding an activist's ownership disclosure and an additional 11.4 % abnormal return during the following year.

«If you push for shareholder activism in other companies, I'd think you'd want to take care of your own.»

-LSB-...] recent study conducted by April Klein and Emanuel Zur on shareholder activism found that stock prices of companies targeted by activist investors earn 10.2 % average returns -LSB-...]

Cf.. This on shareholder activism at Ensia: «In 2010, a coalition of investor advocates convinced the SEC to require all public companies to acknowledge what financial risks climate change could pose to their business.

Shareholder activism persuaded one company working the Bakken oil fields of North Dakota to work to reduce methane flaring at its drill sites.

A group of US investors with more than $ 200 billion in assets have accused 10 companies, including the oil giant ExxonMobil, the financial services group Wells Fargo and the utility TXU, of not doing enough to respond to global warming and climate change, in a sign of increasing shareholder activism on environmental issues.

Her practice includes advising clients on US and international mergers and acquisitions, including public and private company transactions, and on corporate governance, shareholder activism and defensive matters.