The boardroom Archive

Dec 06, 2018
ISS gives companies deadline to get women on boards
ISS has put US companies on notice that they have a limited time to adopt some level of board diversity or potentially face consequences in shareholder elections. Among updates to its proxy voting policies announced last month, ISS unveiled a change with respect to US issuers that have no female directors serving on their boards – with a year’s grace period before ...
Read more
Nov 15, 2018
Companies boost transparency of auditor oversight, study finds
Audit committees at large US companies are offering increased levels of transparency regarding their work in overseeing outside auditors, according to a new study. Research by the Center for Audit Quality (CAQ) and Audit Analytics finds that 40 percent of S&P 500 companies now disclose considerations in appointing the audit firm, up from 13 percent in 2014, when the organizations first compiled data on the issue. There has been a steady increase in each of the i...
Read more
Aug 10, 2018
The week in GRC: Columbia Threadneedle pushes board diversity, and Tesla’s board has discussed going-private proposal
— The Wall Street Journal reported that US tech companies, having faced questions about how they treat consumers’ personal data, are hoping to get ahead of the public and legal fallout by working with policy makers to help shape potential new federal privacy legislation. ‘There’s been such a shift’ in industry views ‘that ...
Read more
Jun 29, 2018
The week in GRC: Director pay ticks up, and tech board members said to skip AGMs
– The Financial Times reported that, according to a study of 1,854 public groups by the Alvarez & Marsal (A&M) consultancy, European businesses that have more female directors are less likely to be targeted by activist investors. The analysis found that companies not targeted by hedge fund activists had, on average, 13.4 percent more women on their boards. Paul Kinrade, ...
Read more
May 18, 2018
The week in GRC: CEO-worker pay ratio averages 339-1, study finds, and SEC says court ruling costs harmed investors
– CNN reported that Xerox ended its deal to be taken over by Fujifilm, having reached a new agreement with activist investors Carl Icahn and Darwin Deason, who had opposed the deal. The Japanese company said it disputes Xerox’s ‘unilateral decision’ and does not think the US company has the legal right to ax the transaction. The Xerox board said it felt it was ‘in th...
Read more
Cs logo Cs logo
Loading