Author Archives: Tarik Samman

CEO and Executive Compensation Practices in the Russell 3000 and S&P 500

While boards need to prepare for increases in total executive compensation to ensure their companies remain competitive in the market for top leadership talent, they should also be mindful of stakeholder perception and their companies’ own long-term goals when designing compensation packages. This report documents trends and developments in senior management compensation at companies in […]

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The Market Value of Partisan Balance

What accounts for Delaware’s remarkable dominance in the market for corporate charters? For some influential observers, part of the answer lies in the state’s unique commitment to politically balanced courts. Alone among U.S. states, Delaware requires that only a bare majority of judges on nearly all its state courts hail from the same political party […]

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Important Whistleblower Protection and AI Risk Management Updates

What You Need To Know In September 2024, the United States Department of Justice (DOJ) announced its updated Evaluation of Corporate Compliance Programs guidance, which is the roadmap that Criminal Division prosecutors use to evaluate a company’s compliance program. The updated guidance underscores two primary DOJ priorities for corporate compliance: (1) how companies are navigating risks […]

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Proxy Season 2024: Key Trends & Developments in the United States

Despite some high-profile meetings and controversies, it appears that U.S. shareholders were generally more supportive across the board in the 2024 proxy season, with significant declines in the number of failed directors and say-on-pay proposals, and an increase in the number of majority-supported shareholder proposals. compared to 2023.

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How Can Boards of Directors Improve Their Effectiveness?

1. Introduction The business landscape is experiencing large disruptions, including climate change, energy transition, artificial intelligence and geopolitical tensions. Companies need to adapt quickly and effectively to these disruptions to survive. Boards of directors have the duty to help their companies and work with the CEO and senior management to steer the company and contribute […]

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Key Takeaways from Recent SEC Cybersecurity Enforcement Actions

The SEC recently announced disclosure settlements against four current and formerly public companies impacted by the highly publicized compromise of SolarWinds’ signature network monitoring software, Orion. The settlements generally found that these companies used SolarWinds’ Orion software, learned that the threat actor behind the SolarWinds Orion compromise had accessed their systems, and subsequently minimized the cybersecurity incident […]

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Post-Doctoral Corporate Governance Fellowships For Economics, Finance, and Accounting Researchers

The Program on Corporate Governance at Harvard Law School (HLS) is seeking applications for Corporate Governance Post-Doctoral Fellowships from highly qualified candidates with graduate training in finance, economics, or accounting. Applications are considered on a rolling basis, and the start date is flexible. Appointments are for one year but the appointment period can be extended […]

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Failed Say on Pay: How Do Companies Course Correct after a ‘No’ Vote?

When “say on pay” was legislated in the U.S. under the Dodd Frank Act of 2010, many observers hoped an advisory vote on executive compensation would provide a catalyst to “reign in” CEO pay that was perceived to be out of control. Nearly a decade and a half later, the perception of what say on […]

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Complying with California Climate Disclosure Legislation

It’s time for companies to begin addressing California climate disclosure legislation in earnest. Now that the legislative term is over and California Governor Newsom has acted on the amendment bill that was before him, there is more clarity (albeit still some uncertainty) on what is required and when. In this post, we provide twelve thoughts […]

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2024 ESG + Incentives Report

INTRODUCTION Environmental, Social, and Governance (ESG) considerations have been a priority for many corporations over the last half-decade or more. More and more companies have added ESG metrics to their incentive plans in recent years to signal focus and accountability amidst the increased interest in these topics. ESG metric prevalence for executive incentive plans across […]

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