Section: February 22, 2024 | Vol. 29, Issue 8
Governance Factors Heavily in Investment Decisions, Survey Finds
More than two-thirds of investors in Europe and North America said governance-related factors are most important to their investment decisions, particularly over the short term, finds a survey on ESG conducted by the Stanford Graduate School of Business, the Hoover Institution Working Group on Corporate Governance, the Rock Center for Corporate Governance at Stanford University and The MSCI Sustainability Institute.
ICCR Members Pare Back Climate Proposals; Focus Pivots to Human and Workers’ Rights in 2024
The Interfaith Center on Corporate Responsibility’s (ICCR) annual Proxy Resolutions & Voting Guide reports that as of February 15, the group’s members had filed 345 resolutions, down slightly from the 376 filed last year at this time and significantly fewer than the 436 they submitted in 2022.
Delaware Judge OKs Tripadvisor’s Move from Delaware, But Does not Dismiss Suit
For now, Tripadvisor may proceed with its plans to reincorporate from Delaware to Nevada, Delaware Vice Chancellor Travis Laster ruled February 20.
Intel Continues to Fine Tune Executive Pay Following Two Failed SOP Votes
After failed say-on-pay votes in 2021 and 2022 and tepid support in 2019 and 2020, Intel has been tweaking its executive pay.
Directors Express Wide Range of Views on Shareholder Activism
Forty-one percent of U.S. board members surveyed by Diligent Market Intelligence said shareholder activism has created more awareness of the need for good governance and 70% said the current regime for shareholder proposals is appropriate and balanced.