-
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: Tarik Samman
(Much Too Early) Observations on the Universal Proxy Card
A considerable amount of ink has already been spilled over the universal proxy rules, their potential impact, and what public companies and engaged shareholders should do to prepare for, adapt to, and take advantage of the required use of universal proxy cards in certain director election contests. In this article, we will not journey down […]
Click here to read the complete post
Posted in Practitioner Publications
Tagged AIM, Corporate governance, Glass Lewis, ISS, Proxy voting, Universal Proxy
Comments Off on (Much Too Early) Observations on the Universal Proxy Card
Board Governance Structures and ESG
Companies are facing increasing pressure to manage a growing range of risks as a result of rapidly evolving environmental, social, and governance (ESG) issues. Climate-related factors have gained a great deal of attention among ESG matters, but the scope of ESG is much broader, including social aspects of a company’s relationships with its stakeholders and […]
Click here to read the complete post
Posted in Practitioner Publications
Tagged Board of Directors, Corporate governance, ESG, GSA, Russell 3000, SEC
Comments Off on Board Governance Structures and ESG
2022 Investor Voting Report
EXECUTIVE SUMMARY AND ACKNOWLEDGEMENT Following the October 2022 release of our report on the 2022 proxy season, our investor voting report offers an expanded analysis of investor voting decisions on key shareholder proposals, as well as management say-on-pay proposals and director elections. We consider the 2022 proxy season to include company meetings occurring July 1, […]
Click here to read the complete post
Posted in Practitioner Publications
Tagged Corporate governance, Diversity, GHG, Proxy season, S&P 500, Stewardship
Comments Off on 2022 Investor Voting Report
The Complex Materiality of ESG Ratings: Evidence from Actively Managed ESG Funds
ESG (Environmental, Social, and Governance) investing—alternatively, socially responsible investing or sustainable investing—is growing rapidly in popularity. In the fourth quarter of 2019, the assets of ESG-based mutual funds stood globally at nearly $1 trillion. Just two years later, in the fourth quarter of 2021, those assets stood at nearly $3 trillion. That growth has created […]
Click here to read the complete post
Posted in Academic Research
Tagged Accountability, Climate, Corporate governance, Corporate Social Responsibility, ESG, Sustainability
Comments Off on The Complex Materiality of ESG Ratings: Evidence from Actively Managed ESG Funds
Vanguard-Advised Funds’ Perspective on Contested Elections
Executive summary New rules requiring the use of a universal proxy card in contested director elections at U.S. public companies are expected to alter the dynamics under which contested director elections are conducted. Vanguard’s internally managed funds’ approach to evaluating contested director elections remains the same with the adoption of a universal proxy card. In […]
Click here to read the complete post
Posted in Practitioner Publications
Tagged Board of Directors, Corporate governance, disclosures, Proxy voting, SEC, Shareholders
Comments Off on Vanguard-Advised Funds’ Perspective on Contested Elections
Trust, Transparency, and Complexity
In recent years, there has been increasing complexity in both physical and financial products, due to higher demand for customization and financial innovation. Customers—who may have trouble understanding all relevant product attributes—have to trust the producers in order to buy their products, and investors have to trust these producers in order to invest in them. […]
Click here to read the complete post
Posted in Academic Research
Tagged Alipay, Corporate governance, Customer, Disclosure, Healthcare, Trust, WeChat Pay
Comments Off on Trust, Transparency, and Complexity
Change management for the legal function
It’s not unusual for organizations to struggle with organizational change. In-house legal departments are no exception. In the past year, more than 43% of chief legal officers (CLOs) indicated that transformation is a top priority within their legal function, with a focus on technology (86%) and strategy (14%). Many of these CLOs may be heading […]
Click here to read the complete post
Posted in Practitioner Publications
Tagged CLOs, legal framework, Managmenet, Reorganizations, Sustainability, technology
Comments Off on Change management for the legal function
Who Are Quality Shareholders and Why You Should Care
The stated purpose of the Pileggi Lecture is to create an opportunity for those “distinguished” in corporate law and governance to address those “most responsible for shaping it:” the Delaware bench and bar. The message I’d like to share is: you are doing an excellent job, and please keep it up. A few takeaways upfront: […]
Click here to read the complete post
Posted in Practitioner Publications
Tagged Delaware articles, Delaware law, ESG, Index funds, SEC, Shareholder Policy Activists
Comments Off on Who Are Quality Shareholders and Why You Should Care
Director Perspective: Top Priorities of 2023
If 2020 was the year of the COVID-19 pandemic and 2021 was the year of building toward recovery, 2022 offered little respite for directors overseeing companies amid a chaotic business environment. To gain insight into the key trends that will impact boards in 2023 and how directors plan to adapt, the National Association of Corporate […]
Click here to read the complete post
Posted in Practitioner Publications
Tagged Board of Directors, CEOs, Corporate governance, COVID-19, Cybersecurity, NACD
Comments Off on Director Perspective: Top Priorities of 2023