Posts Tagged ‘institutional shareholder services’
Facebook Slammed Again Over Zuckerberg’s ‘Autocratic’ Control (Time)
As social-networking giant Facebook prepares to go public, the company continues to attract criticism over its corporate governance structure, which is set up to give founder and CEO Mark Zuckerberg iron-clad control over its business. The latest broad... Read the rest of this entry »
If Investors Want More Voting Rights, They Should Have Invented Facebook (SeekingAlpha Telecom Stocks)
By TechCrunch : By Josh Constine Guess who knows what’s best for the future of Facebook? It’s certainly not public investors looking to cash in on “social” 8 years after Facebook ( FB ) started. That’s why those same investors should actually... Read the rest of this entry »
SEC Staff Reverses Position on Internet Access Proposals – Carolyn Mathiasen, E&S Proxy Research – Governance (Institutional Shareholder Services )
The staff of the Securities and Exchange Commission has changed its interpretation of the ordinary business clause of SEC’s shareholder proposal rule to require Internet service providers (ISPs) to include investor resolutions on Internet access in t... Read the rest of this entry »
Investor adviser slams Facebook’s CEO’s control (bizjournals)
CEO Mark Zuckerberg's proposed control over Facebook's shares drew more fire, this time from proxy advisory firm Institutional Shareholder Services. "Facebook appears to have taken the same outdated dance lessons as many other recent tech sector debuta... Read the rest of this entry »
Investor adviser slams Facebook CEO’s control (bizjournals)
CEO Mark Zuckerberg's proposed control over Facebook Inc.'s shares drew more fire on Tuesday, this time from proxy advisory firm Institutional Shareholder Services "Facebook appears to have taken the same outdated dance lessons as many other recent tec... Read the rest of this entry »
Quadra FNX Mining Ltd.: Institutional Shareholder Services (ISS) Recommends … – MarketWatch (press release)
Quadra FNX Mining Ltd.: Institutional Shareholder Services (ISS) Recommends ...MarketWatch (press release)ISS is a leading independent international corporate governance analysis and proxy voting firm. Its recommendations assist shareholders in making ... Read the rest of this entry »
CalSTRS Releases Review of Say-on-Pay Votes – Ted Allen – Governance (Institutional Shareholder Services )
The California State Teachers' Retirement System (CalSTRS), the second-largest U.S. public pension fund, has released a report, "Lessons Learned: the Inaugural Year of Say-on-Pay," that details its experience during the first year of marketwide U.S. ad... Read the rest of this entry »
NYSE Bars Broker Votes From Governance Proposals – Ted Allen – Governance (Institutional Shareholder Services )
... including management say-on-pay votes. “In light of these and other recent congressional and public policy trends disfavoring broker voting of uninstructed shares, the Exchange has determined that it will no longer continue its previous approach ... Read the rest of this entry »
Yahoo!’s Yang Out, Board Selection Trumps New CEO Selection – DailyFinance
Sydney Morning HeraldYahoo!'s Yang Out, Board Selection Trumps New CEO SelectionDailyFinance"The board is elected by the shareholders and the directors can select or fire the CEO," said corporate governance expert Patrick McGurn of proxy ... Read the rest of this entry »
In (more) responsive hands at Allstate… (Footnoted.org)
... leveled at the company’s pay practices by Institutional Shareholder Services, the behemoth of the proxy-advisory business. It’s worth noting that ISS’s criticisms last year didn’t fall on deaf ears: Allstate’s board came close to losing i... Read the rest of this entry »