The US corporate governance landscape is in flux. The US Securities and Exchange Commission (SEC) has proposed new rules for proxy filing and advising, in an effort to “improve accuracy and transparency of proxy voting advice.” The proposals are open to public consultation until early February 2020. The proposed amendments have won plaudits from business groups such as the US Chamber of Commerce and the National Association of Manufacturers. Yet they have been criticized by proxy advisory firms (which advise shareholders on how to cast votes at public company shareholder meetings), large asset managers, and some SEC commissioners, among others.
Join the Stigler Center for a discussion on the proposed new rules, their potential impact, and the future of corporate governance with Chicago Booth professor Steven Kaplan and Nell Minow, Vice Chair of ValueEdge Advisors and co-founder of proxy advisory firm Institutional Shareholder Services. The discussion will be moderated by Chicago Booth professor Luigi Zingales.
