The U.S. Court of Appeals for the District of Columbia Circuit heard oral arguments May 2 about the legality of restrictions the SEC placed on ISS, Glass, Lewis and other proxy advisory firms during the first Trump administration.
by: Rosemary Lally
5/8/2025
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The Interfaith Center on Corporate Responsibility (ICCR) and the Shareholder Rights Group (SRG) sent the Business Roundtable (BRT) a letter May 6 responding to a white paper that the BRT published last month calling for comprehensive, dramatic reforms to shareholder proposal rules and proxy advisory firms.
by: Rosemary Lally
5/8/2025
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The U.S. Fifth Circuit Court of Appeals April 28 temporarily paused legal proceedings in a case involving more than two dozen states that are trying to overturn a rule implemented during the Biden administration that allows pension funds to consider ESG factors in their investment and proxy voting decisions.
by: Rosemary Lally
5/8/2025
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Average global CEO pay hit $4.3 million in 2024, a 50% real-term increase from $2.9 million in 2019 (adjusted for inflation) —a rise that far outpaces the real wage growth of the average worker, who saw a 0.9% increase over the same five-year period, reveals a new analysis from Oxfam.
by: Rosemary Lally
5/8/2025
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Robert Augustus Gardner Monks, a life-long champion of shareholder rights and co-founder of Institutional Shareholder Services (ISS) died April 29 at his home in Cape Elizabeth, Maine, at 91.
by: Rosemary Lally
5/8/2025
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