A greater proportion of companies that went public in the first six months of 2024 adopted dual-class structures with unequal voting rights, when compared to all of 2023, CII research finds. 26% of newly public companies through June 30 of this year had unequal voting rights, a notable increase from 17% overall last year.
by: Emmanuel Tamrat
10/17/2024
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The age diversity of a company’s board of directors may correlate with operational performance and shareholder returns, making a strong case for multigenerational boards, argues a new paper by AllianceBernstein Director of Corporate Governance Bob Herr and Portfolio Manager Luke Pryor.
by: Rosemary Lally
10/17/2024
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Between 2000 and 2020, directors’ total compensation packages at U.S.-listed firms skyrocketed from an average of $189,000 to $456,000, found new research from Lily Fang of INSEAD and Sterling Huang from the Singapore Management University.
by: Rosemary Lally
10/17/2024
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Women CEOs at large U.S. public companies outearned their male counterparts in 2024. The median compensation for female CEOs in the S&P 500 was $16.4 million, while their male counterparts earned $15.6 million, reports CEO and Executive Compensation Practices in the Russell 3000 and S&P 500: 2024.
by: Rosemary Lally
10/17/2024
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At Procter & Gamble’s October 8 annual meeting, 30% of the votes cast supported a proposal filed by Arjuna Capital asking the company’s board to report “on both quantitative median and adjusted pay gaps across race and gender, including associated policy, reputational, competitive and operational risks, and risks related to recruiting and retaining diverse talent.”
by: Rosemary Lally
10/17/2024
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As part of its annual policy development process, ISS invites feedback from market participants for potential changes to its voting policies. This year’s survey, which ran from August 1 to September 5, collected 325 responses and will inform ISS’s 2025 Global Benchmark Policy.
by: Emmanuel Tamrat
10/17/2024
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Eumedion, a group committed to promoting good corporate governance and sustainability policies at Dutch listed companies and responsible stock ownership by its members, has called on Dutch listed companies to submit their sustainability disclosures required by the EU’s Corporate Sustainability Reporting Directive (CSRD) to non-binding shareholder votes.
by: Rosemary Lally
10/17/2024
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Chief Executives for Corporate Purpose (CECP) is holding its 12th CEO Investor Forum November 18-19, in-person in New York City and virtually, to discuss the future of business, AI, and sustainability.
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10/17/2024
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