CORPORATE GOVERNANCE FRAMEWORK FOR U.S. LISTED COMPANIES Principle 1: Boards are accountable to shareholders. Principle 2: Shareholders should be entitled to voting rights in proportion to their economic interest. Principle 3: Boards should be responsive to shareholders and be proactive in order to understand their perspectives. Principle 4: Boards should have a strong, independent leadership…
Category: corporate governance
Nell Minow: How Only Corporate Governance Can Save the World
VEA Vice Chair Nell Minow spoke to students at Sarah Lawrence College about the challenges and opportunities of corporate governance.
As Zuckerberg heads to Capitol Hill, a call to replace him as Facebook’s chairman – The Washington Post
VEA Vice Chair Nell Minow was quoted in a Washington Post story about the likelihood of splitting the Chairman and CEO positions at Facebook: Minow predicted it was much more likely Facebook’s board would answer the call for more independent directors than it would be to demote Zuckerberg. The company has a lead independent director — Gates Foundation CEO…
Time For Facebook CEO Mark Zuckerberg To Face Facts
Professor Jeffrey Sonnenfeld explains the failure of corporate governance at Facebook revealed by the Cambridge Analytica breach. We concur, and we call on the board to establish a committee to investigate further and report to Facebook users and investors about the steps they are taking to prevent further breaches. The leadership of Facebook is failing…
Nell Minow on Motley Fool Money: Corporate Governance and Sexual Harassment
VEA Vice Chair Nell Minow returned to the Motley Fool Money podcast to discuss corporate governance, including how boards should handle sexual harassment complaints.
Gretchen Morgenson: 20 Years of Corporate Governance
In her last column for the New York Times, Gretchen Morgenson summarizes the best and worst and most improved of the corporate governance issues she has reported on, quoting VEA Vice Chair Nell Minow: Nell Minow is a corporate governance expert and vice chairwoman at ValueEdge Advisors, a firm that guides institutional shareholders on reducing…
PWC: Climate Change of More Concern to Investors than to Corporate Directors | HuffPost
VEA Vice Chair Nell Minow interviewed PwC’s Paula Loop for the Huffington Post: A report released on October 17, 2017 from PwC finds that on some subjects there is a wide disparity between the directors who oversee corporate strategy and the investors to whom they owe the legal duties of care and loyalty. These findings…
Silicon Valley Vs. Wall Street: Can the New Long-Term Stock Exchange Disrupt Capitalism? – WSJ
Silicon Valley’s high-tech denizens complain the public stock markets are marred by a narrow focus on short-term earnings and profits.Now they are actually doing something about it, by launching a new framework for corporate governance, investing and trading called the Long-Term Stock Exchange. Backed by top Valley figures such as venture capitalist Marc Andreessen and…
Why companies and CEOs treat their workers like garbage.
A new book, The End of Loyalty: The Rise and Fall of Good Jobs in America, argues that the primary focus on shareholder value has enabled decisions that are bad for workers and consumers. This culture, [Rick] Wartzman argues, has “explicitly elevated shareholders above employees.” Looking at issues like the rising disdain for unions, the emergence…
IRRCi Research Competition 2017
The Investor Responsibility Research Center Institute (IRRCi) has opened its sixth annual competition for research that examines the interaction between the real economy and investment theory. Practitioners and academics are invited to submit research papers by October 6, 2017, for consideration by a blue-ribbon panel of judges with deep finance and investment experience. Two research…
