Sentences with phrase «corporate shareholder proposals»
Analysis by the law firm confirmed that corporate shareholder proposals aimed at addressing environmental issues were common in 2016, a trend that will continue to keep the pressure on fossil fuel interests like Chevron and ExxonMobil during the Trump years — and make it hard for the SEC to avoid addressing the issue.
http://www.energyandpolicy.org/ Not exact matches
A slammed door and a «not - invented - here» policy were de rigueur corporate responses to shareholder proposals.
His practice is focused on shareholder proposals, shareholder rights and improving corporate environmental and social disclosure requirements of the Securities and Exchange Commission.
March 09, 2017 - Shareholders focus on environment, corporate political activity in proxy proposals — report - Pensions & Investments Online
Shareholders who wish to bring business before Walmart's 2014 Annual Shareholders» Meeting other than through a shareholder proposal pursuant to the SEC's rules must notify the Corporate Secretary of our company in writing and provide the information required by the provision of the Bylaws dealing with shareholder proposals.
As manager of the firm's Corporate Governance Consulting Group with over 30 years of experience in the field, Bill has guided companies through a wide range of governance and takeover challenges, including contentious shareholder proposals and compensation - based initiatives, proxy contests, tender offers, and other corporate controlCorporate Governance Consulting Group with over 30 years of experience in the field, Bill has guided companies through a wide range of governance and takeover challenges, including contentious shareholder proposals and compensation - based initiatives, proxy contests, tender offers, and other corporate controlcorporate control matters.
One noteworthy corporate governance provision will work significant changes in the shareholder proposal rule.
«Apple loses Rule 14a - 8 fight to exclude shareholder proposal requesting establishment of a human rights committee Main Francis Pileggi's 13th Annual List of Key Delaware Corporate and Commercial Decisions for 2017»
«As one of the few foundations active in filing shareholder proposals, the Nathan Cummings Foundation joined ICCR because of its longstanding recognition as a leader in corporate engagement and active ownership.
Corporate managers are highly skeptical of shareholder proposals, and often seek to prevent them from coming to a vote.
Since 2006 (the first year in the ProxyMonitor.org database), the three most frequent sponsors of shareholder proposals at Fortune 250 companies have been corporate gadflies: John Chevedden (including, in earlier years, his family trust and now - deceased father, Ray); William Steiner (and son, Kenneth); and Evelyn Davis.
The Proxy Preview 2015 report was produced via collaboration between As You Sow, a nonprofit organization that promotes corporate responsibility through shareholder advocacy and innovative legal strategies; the Sustainable Investments Institute (Si2), which conducts impartial research on social and environmental share - holder proposals; and Proxy Impact, a shareholder advocacy and proxy voting service for foundations, endowments and socially responsible investors.
«[W] orkplace diversity proposals (which mostly concern rights for lesbian, gay, bisexual and transgender people and those seeking more diversity among corporate board members) account for 9 percent of the total number of shareholder resolutions filed so far this year.»
ISS tracked 1,042 shareholder proposals at public corporations during the 2003 proxy season, which gives us total corporate expenditures on shareholder proposals of $ 90,654,000.
In recent years, however, shareholders have increasingly used SEC Exchange Act Rule 14a - 8 (the so - called shareholder proposal rule), to not just manage but even micromanage corporate decisions.
Investors have filed a record number of shareholder proposals on ESG issues this year, with a focus on climate change and corporate political activity, according to the As You Sow shareholder advocacy group.
2014.03.31 RBC Global Asset Management Inc. announces proposal to close certain RBC Corporate Class Funds RBC Global Asset Management Inc. today announced that effective September 12, 2014, the following RBC Corporate Class Funds (the Funds) will be closed, subject to shareholder and regulatory approval:...
Shareholders can bring up proposals for changes in corporate governance and how a company does business.
«We will explain how shareholder proposals on environmental, social, and corporate governance matters often raise issues with a direct impact on long - term shareholder value (e.g., effective management of climate change risk or encouraging stronger board oversight and independence).
• The SEC should address «the practice of «proposal by proxy,» where the proponent of a resolution — typically one of the corporate gadflies — has no skin in the game, but rather receives permission to act «on behalf» of a shareholder that meets the threshold.»
At Corpgov.net, corporate governance advocate James McRitchie quoted Gallagher as stating, «Activist investors and corporate gadflies have used these loose rules to hijack the shareholder proposal system.»
The new shareholder proposal, which has been put forth by the B.C. Government and Service Employees» Union general fund, is being presented as a way to improve corporate governance and increase shareholder value.
Mr. Goh stated that the purpose of the proposals was to achieve a suitable corporate governance structure in the company at the board level for the «Maximization of the Shareholder value».
Beginning in 2003, the Division of Corporate Finance too often has issued no - action letters omitting shareholder proposals that ask management to undertake a risk assessment or review the financial implications of an array of environmental, community, public health and human rights concerns and issues.
... devolve shareholder proposals back to the states, which traditionally and appropriately have been allotted authority over corporate governance matters.
Leila N. Sadat - Keeling, The 1983 Amendments to Shareholder Proposal Rule 14a - 8: A Retreat from Corporate Democracy?
Twitter is a public company, which raises an issue that has often puzzled me: Why don't conservative activists use SEC Rule 14a - 8 (the so - called shareholder proposal rule) to put proposals on corporate proxy statements?
The proposal, submitted by The Humane Society of the United States, represented the first time in American history that stockholders of a corporation have utilized the shareholder resolution process to offer a company praise for its corporate responsibility work.
One such proposed action is President Bush's proposal to amend the Internal Revenue Code so that corporate dividends derived from corporate earnings on which taxes have been paid by the corporation would be non-taxable to the recipient shareholder - taxpayer.
This policy states that it will «support social, workforce and environmental proposals that promote «good corporate citizenship» while enhancing long term shareholder and stakeholder value and proposals that call for more detailed and comparable reporting of a company's social, workforce and environmental performance».
Also inside, shareholders heard a sustainability proposal from corporate responsibility group As You Sow asking Starbucks to address its plastic pollution problem by developing stronger efforts to move toward sustainable packaging.
Proposals by FirstEnergy and American Electric Power could cost customers billions of dollars while guaranteeing profits for corporate shareholders who should instead be investing in clean energy resources.
She advises clients on a wide variety of corporate governance matters, including director independence, board and committee structures, proxy disclosure, shareholder proposals, board leadership structures, shareholder relationships and the impact of proxy advisory services.
Davis Polk counsel Ning Chiu will be among the participants at the Society for Corporate Governance's teleconference on SEC 14a - 8 guidance on «Ordinary Business» and «Economic Relevance» exclusions for shareholder proposals.
As a corporate and securities counsel at GE, she advised on corporate governance, securities law disclosure compliance, shareholder outreach and shareholder proposals.
A company's proposal to seek shareholder approval at the annual meeting to change its corporate name does not, by itself, require that company t
A company's proposal to seek shareholder approval at the annual meeting to change its corporate name does not, by itself, require that company to file a preliminary proxy statement, according to the staff of the Division of Corporation Finance.
Supported annual shareholders meeting and addressed shareholder proposals, corporate governance, NYSE requirements and other board of director issues.