CII on Tuesday sent a letter to Senate Banking, Housing & Urban Affairs Committee Chair Sherrod Brown and Ranking Member Pat Toomey strongly supporting the use of the Congressional Review Act (CRA) to overturn 2020 amendments to the SEC’s shareholder proposal rule, which raised proponent eligibility and proposal resubmission requirements.
New rules proposed by Nasdaq to increase diversity at its listed companies could result in lower share prices at those firms, says a new paper by Harvard Law School Professor Jesse Fried for the European Corporate Governance Institute.
Companies that suspended their quarterly earnings-per-share (EPS) guidance during the Covid-19 crisis should consider dropping it permanently, says a commentary by McKinsey.
While many CEOs took cuts to their salaries and adjustments to their bonus payouts in light of Covid-19, few companies made changes to their long-term incentive plans (LTIPs), reports a study by Equilar and Stanford.
Since say on pay was enacted in 2011, median CEO pay has increased nearly every year while the percentage of companies that receive overwhelming approval on this measure has been consistently high.
Each proxy season, CII highlights upcoming annual meetings at which shareholder proposals filed by CII members will come to votes.