Shareholders Archive

Nov 29, 2018
Transfer agent leaders urge creative thinking
Transfer agents must respond to a shrinking shareholder base by looking for new ways to offer services and boost contacts, industry leaders have warned. Speaking at a recent Shareholder Services Association (SSA) event, panelists noted that in recent years there has been a declining pool of shareholders in the listed public markets and many more private issuers than in the past. Dorothy Flynn, president with Broadri...
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Nov 19, 2018
SEC hosts proxy adviser debate as legislation proposed in Senate
The SEC could be open to imposing a review period for issuers to assess the accuracy of proxy advisory firms’ reports prior to publication, SEC commissioner Elad Roisman said during an event hosted by the regulator last week. The SEC hosted a full-day event to review and assess the proxy process, looking at the way votes are administered and cast, digging into how shareholder proposals are put...
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Nov 09, 2018
The week in GRC: Tesla names new board chair, and IMF’s Lagarde calls for more women business leaders
– The Wall Street Journal reported that Citigroup plans to keep its CEO and chair roles separate. The bank’s board said it had selected director John Dugan, a former top banking regulator, as its next chair. Dugan will move into the role in January, following Michael O’Neill’s retirement, setting him up to preside over the bank’s annual m...
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Oct 30, 2018
Statistics in earnings release headlines can boost stocks, study finds
Companies that choose to insert financial figures into the headline of their earnings releases experience a three-day share price bump and then a sharper drop-off, according to recent academic research. The research authors – Xuan Huang, associate professor in the department of finance at California State University Long Beach, Alex Nekrasov, assistant professor of accounting at the University of Illinois at Chicago, and Siew Hong Teoh, dean’s professor at the U...
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Oct 18, 2018
ISS and CII lobby against proxy adviser bill
The Council of Institutional Investors (CII) and ISS have stepped up their lobbying efforts against proxy adviser reforms with the US mid-term elections looming next month. The groups have launched a website that opposes federal legislation HR 4015 and encourages voters to urge their senators not to vote for the measure, which has already passed the House of Representatives. The bill would require proxy advisory firms to register with the SEC. Registered firm...
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Oct 09, 2018
Investors press for SEC rule on ESG disclosure
A coalition of academics, institutional investors and government officials is lobbying the SEC to spell out what and when companies must tell investors about ESG issues. In a petition sent to the agency on October 1, professors Cynthia Williams of Osgoode Hall Law School at York University and Jill Fisch of the University of Pennsylvania Law School urg...
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