Author Archives: Tarik Samman

The State of Sustainability in 2024: DEI Will Survive

Annual sustainability reports remain a critical platform for companies to articulate their diversity, equity and inclusion (DEI) progress and objectives. We conducted an in-depth analysis of DEI disclosures to understand how they evolved in 2024. Our research included many of the topics being attacked by anti-DEI activists, such as goals, talent programs aimed at specific […]

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Shareholder Activism under Donald Trump

After Donald Trump’s stunning electoral victory, the question is what this means for shareholder activism.  Numerous activist investors openly endorsed Trump for president in 2024 and donated tens of millions of dollars and more to his campaign and related political action committees.[1] While not all activist investors supported Trump, at this year’s Active-Passive Investor Summit, […]

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Weekly Roundup: November 1-7, 2024

Hail to the (Returning) Chief Posted by Riyaz Lalani and Dan Gagnier, Gagnier Communications, on Friday, November 1, 2024 Tags: Activism, Activist, CEOs, Shareholders What Chief Sustainability Officers Are Thinking Posted by Martha Carter, Kensey Biggs, and Heidi Park, Teneo, on Saturday, November 2, 2024 Tags: Climate, CSOs, ESG, Sustainability The Case for Multigenerational Corporate […]

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When You Should (and Shouldn’t) Have an AI Leader in the C-suite

There’s a growing imperative for companies to take a comprehensive approach to AI–but do you really need a Chief AI Officer in the C-suite for that? Many organizations today think hiring a Chief AI Officer role (or similar) is enough to get ahead of the GenAI curve. While these leaders can help define the AI […]

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Lobbying Against Enforcement

How pervasive is the strategic use of corporate political spending to avoid agency enforcement? In a new working paper, I attempt to gain traction on this question with data on nearly two decades of corporate political spending and investigations by the U.S. Securities and Exchange Commission (SEC), which I obtain in part through an original […]

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What Does a Shareholder Engagement Program Look Like?

Companies need an organized set of engagement procedures with priorities and the ability to call on internal cross-department coordination – and director participation – when needed, depending on what is on the engagement agenda. Some companies have a written shareholder engagement policy to memorialize their processes and procedures and help set the company’s ground rules. […]

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2024 CPA-Zicklin Index of Corporate Political Disclosure and Accountability

The 2024 CPA-Zicklin Index is published shortly before Election Day and at an unparalleled time in the nation’s political history. The Index’s data reflect leading companies holding firm overall to established norms of political disclosure and accountability, despite fierce headwinds against environmental, social, and governance (ESG) and related principles for investors and U.S. corporations. Moreover, […]

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Box Jumping: Portfolio Recompositions to Achieve Higher Morningstar Ratings

How money is managed in the stock market is of first-order importance, particularly in the United States, where the plurality of individuals participate in equity markets through delegated portfolio management (i.e., professional portfolio managers). A central player in this process is Morningstar – who provides widely recognized and accepted star ratings for mutual funds. These […]

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How Leading CEOs are Engaging in Politics

Tracking Campaign Contributions to Candidates, PACs and Parties As companies navigate evolving public and stakeholder expectations around political and policy engagement, CEOs are at the forefront of shaping the approaches of their organizations. Beyond setting institutional policies, CEOs play an individual role via their personal political contributions. As these donations are part of the public […]

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SEC 2025 Exam Priorities

The U.S. Securities and Exchange Commission (“SEC”) Division of Examinations (the “Division”) released its 2025 examination priorities on October 21, 2024 (the “2025 Priorities”).  The 2025 Priorities highlight a wide range of topics for entities subject to SEC examinations, particularly investment advisers and broker-dealers.  The topics should be very familiar, as they largely continue recent focus areas […]

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