-
Supported By:
Subscribe or Follow
Program on Corporate Governance Advisory Board
- Peter Atkins
- David Bell
- Kerry E. Berchem
- Richard Brand
- Daniel Burch
- Paul Choi
- Jesse Cohn
- Arthur B. Crozier Christine Davine
- Renata J. Ferrari
- Andrew Freedman
- Ray Garcia
- Byron Georgiou
- Joseph Hall
- Jason M. Halper William P. Mills
- David Millstone
- Theodore Mirvis
- Philip Richter
- Elina Tetelbaum
- Sebastian Tiller
- Marc Trevino Jonathan Watkins
- Steven J. Williams
HLS Faculty & Senior Fellows
Author Archives: Harvard Law School Forum on Corporate Governance and Financial Regulation
Statement by Commissioner Roisman on Proposed Amendments Related to Proxy Voting Advice
Over the past several years, much has been said about what the rise in fund ownership throughout our equity markets might mean for our economy. But one outcome of increasing fund growth is clear: as funds come to own an ever larger percentage of U.S. corporate equities, they can influence the outcome of a variety […]
Click here to read the complete post
Posted in Corporate Elections & Voting, Institutional Investors, Practitioner Publications, Regulators Materials, Securities Regulation, Speeches & Testimony
Tagged Glass Lewis, Institutional Investors, Institutional Shareholder Services Inc., Proxy advisors, Proxy voting, SEC, SEC rulemaking, Securities regulation, Shareholder voting
Comments Off on Statement by Commissioner Roisman on Proposed Amendments Related to Proxy Voting Advice
Weekly Roundup: November 12-18, 2021
M&A/PE Update Posted by Gail Weinstein, Philip Richter, and Steven J. Steinman, Fried, Frank, Harris, Shriver & Jacobson LLP, on Friday, November 12, 2021 Tags: Antitrust, Appraisal rights, Delaware cases, Delaware law, FTC, Merger litigation, Mergers & acquisitions, Private equity, Securities litigation, Termination Optimizing The World’s Leading Corporate Law: A 20-Year Retrospective and Look Ahead Posted by Lawrence A. Hamermesh (University of Pennsylvania), Jack B. Jacobs […]
Click here to read the complete postStatement by Commissioner Crenshaw on Universal Proxy
Congratulations to the rulemaking team from the Division of Corporation Finance, as well as the staff within the Division of Economic and Risk Analysis and the Office of the General Counsel. This rulemaking has been several years in the making, and I am glad that we are here today to finalize it. The reality of […]
Click here to read the complete post
Posted in Corporate Elections & Voting, Institutional Investors, Practitioner Publications, Regulators Materials, Securities Regulation, Speeches & Testimony
Tagged Institutional Investors, Proxy voting, SEC, SEC rulemaking, Securities regulation, Shareholder voting, Universal proxy ballots
Comments Off on Statement by Commissioner Crenshaw on Universal Proxy
Statement by Commissioner Peirce on Universal Proxy
I support universal proxy, but not today’s version of universal proxy. Shareholders voting by proxy should be able to split their vote among company and dissident nominees. Allowing shareholders a straightforward way of choosing a mixed slate through a universal proxy card can facilitate sensible changes to board composition. Universal proxy makes sense for both […]
Click here to read the complete post
Posted in Corporate Elections & Voting, Institutional Investors, Practitioner Publications, Regulators Materials, Securities Regulation, Speeches & Testimony
Tagged Institutional Investors, Proxy voting, SEC, SEC rulemaking, Securities regulation, Shareholder activism, Shareholder voting, Universal proxy ballots
Comments Off on Statement by Commissioner Peirce on Universal Proxy
Statement by Commissioner Lee on Proposed Amendments Related to Proxy Voting Advice
Proxy advisors play a unique and important role in helping shareholders vote to protect their investments and ensure their interests are being served. It is therefore important that our rules do not interfere with the independence of proxy voting advice, introduce unnecessary cost and complexity into an already compressed proxy voting process, or otherwise burden […]
Click here to read the complete post
Posted in Corporate Elections & Voting, Institutional Investors, Practitioner Publications, Regulators Materials, Securities Litigation & Enforcement, Securities Regulation, Speeches & Testimony
Tagged Glass Lewis, Institutional Investors, Institutional Shareholder Services Inc., Proxy advisors, Proxy voting, SEC, SEC rulemaking, Securities regulation, Shareholder voting
Comments Off on Statement by Commissioner Lee on Proposed Amendments Related to Proxy Voting Advice
Remarks by Commissioner Crenshaw Remarks at the PepsiCo-PwC CPE Conference
Thank you for the kind introduction Kevin [Gould]. It’s a pleasure to be here today at the annual PepsiCo-PwC CPE conference, which I understand is a tradition going back 18 years now. I appreciate the opportunity to speak, and I look forward to answering your questions today. It’s not often—even in this job—that I find […]
Click here to read the complete post
Posted in Accounting & Disclosure, Practitioner Publications, Regulators Materials, Securities Litigation & Enforcement, Securities Regulation, Speeches & Testimony
Tagged Accounting, Climate change, Cybersecurity, Disclosure, ESG, Internal control, Risk management
Comments Off on Remarks by Commissioner Crenshaw Remarks at the PepsiCo-PwC CPE Conference
The Rescue of Fannie Mae and Freddie Mac–Module F: Federal Reserve’s Large-Scale Asset Purchase (LSAP)
In the Fall of 2008, the bursting of the US housing market and the subprime mortgage crisis that it spurred had sent shock waves throughout the financial system. For over a year, the Federal Reserve had been responding to tensions in the credit markets. Many markets had all but frozen in the wake of the […]
Click here to read the complete post
Posted in Academic Research, Bankruptcy & Financial Distress, Financial Crisis, Financial Regulation
Tagged Asset-backed securities, Fannie Mae, Federal Reserve, Financial crisis, Financial regulation, Freddie Mac, Mortgage lending, Quantitative easing
Comments Off on The Rescue of Fannie Mae and Freddie Mac–Module F: Federal Reserve’s Large-Scale Asset Purchase (LSAP)
Elizabeth Holmes and The Mythology of Silicon Valley
The Theranos criminal trial is underway. Our task is not to predict its outcome or to pass judgment on Elizabeth Holmes. That is for the jury. Rather, we write to challenge what is fast becoming conventional wisdom: that Theranos is a reflection of systemic flaws in Silicon Valley and the tech industry. We dissent. Here […]
Click here to read the complete postHearing on Board Gender Diversity Statute
On October 19, a federal district court judge held a hearing on a motion for a preliminary injunction in Meland v. Weber, a case challenging SB 826, California’s board gender diversity statute, on the basis that it is unconstitutional under the equal protection provisions of the 14th Amendment. The judge had previously dismissed the case […]
Click here to read the complete post
Posted in ESG, Practitioner Publications, Securities Regulation
Tagged Board composition, California, Diversity, ESG, SB 826, Securities litigation, Standing, U.S. federal courts
Comments Off on Hearing on Board Gender Diversity Statute