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Corporate Governance

Activism and Regulation in Global Commerce

Daniel Diermeier | Posted 05.06.2014 | Business
Daniel Diermeier

Key insights from the recent Kellogg-Aspen Institute Leadership Summit We're living in a time when business has become the main driver of economi...

Martin Feldstein, Director of the Day

Dean Baker | Posted 05.05.2014 | Business
Dean Baker

Martin Feldstein has long been one of the country's top conservative economists. He has been an economics professor at Harvard University since 1967. He was president of the National Bureau of Economic Research (NBER) from 1977 to 2008.

How Companies Can Achieve Effective Board Governance, Stakeholder Engagement, and NGO Partnerships

Alice Korngold | Posted 04.14.2014 | Business
Alice Korngold

Through effective NGO/nonprofit board-matching programs, global corporations can further advance their interests in solving global problems by developing better leaders and relationships for their companies and the world.

Large Shareholders Join Forces With Corporate Directors to Defeat Hedge Fund Locusts

Nell Minow | Posted 04.13.2014 | Business
Nell Minow

Sam Levenson once observed, "The reason grandparents and grandchildren get along so well is that they have a common enemy." The same could be said for a new alliance between groups who have often been at odds: large institutional shareholders and corporate directors.

The Unfulflled Promise of Citizens United

Bruce Freed | Posted 03.23.2014 | Politics
Bruce Freed

Relevant regulatory agencies, along with Congress, have failed to repair the massive sinkhole in disclosure created by Citizens United. Justice Kennedy, it turns out, assumed incorrectly that shareholders would have the information they urgently need to assess a corporation's political spending.

Companies Seek to Meet the Challenges of Nonprofit Board-Matching

Alice Korngold | Posted 03.17.2014 | Business
Alice Korngold

Having trained and placed several hundred business executives and professionals on NGO/nonprofit boards and advised many businesses, I've had the opportunity to hone my approach to helping companies establish highly effective nonprofit board-matching programs.

Before Academics Complain About Conflicts of Interest, They Should Disclose Their Own

Nell Minow | Posted 03.02.2014 | Business
Nell Minow

Academics are influential, because they are perceived as uniquely able to evaluate all sides with equal rigor, free from bias or obligation. If that is to continue, they must be completely transparent about their sources of funding.

Pressure for Labor Reform in Qatar Increases Amid Calls to Move World Cup to Winter

James Dorsey | Posted 10.24.2013 | World
James Dorsey

Activists have stepped up calls for a boycott of the 2022 World Cup if Qatar fails to bring conditions for its majority foreign work force in line wit...

For Corporate Directors: How Human Rights and the Environment Tie to Profits

Alice Korngold | Posted 11.03.2013 | Business
Alice Korngold

Not only do companies have much to lose by violating human rights and devastating the environment, but also they have a great deal to gain by advancing global sustainability. Increasingly these issues matter to investors.

Why Bill Ackman's Failure with JC Penney Is a Lesson in Leadership

Sanjay Sanghoee | Posted 10.28.2013 | Business
Sanjay Sanghoee

Ackman's long-standing acrimony with JCP's board has not only distracted the company from concentrating on its business, but also damaged the market's confidence in JCP.

Setting the Tone for Transparency

Badr Jafar | Posted 10.20.2013 | Business
Badr Jafar

Until we develop a culturally-relevant and widely accepted concept of what constitutes poor corporate practice in a specific country or region, we cannot develop mechanisms that effectively promote good governance and stamp out corruption in that location.

How Big Finance Crushes Innovation and Holds Back Our Economy

Lynn Parramore | Posted 09.25.2013 | Business
Lynn Parramore

Whatever happened to innovation in America? President Obama told us that our future depends on it. Across the political spectrum, everyone pretty much agrees that innovation is vital to prosperity. So why aren't we getting the job done?

Corporate Boards: The False Dichotomy of 'Increased Diversity Comes at the Expense of Executive Experience'

Alice Korngold | Posted 09.25.2013 | Business
Alice Korngold

With three billion additional new consumers in emerging markets rising into the middle class, it should be evident that boards comprised of women and men with a variety of experiences and expertise, from multiple nationalities, will be in the best position to maximize corporate profits.

Are S&P 500 Boards Equipped for the New Challenges of the Global Marketplace?

Alice Korngold | Posted 09.12.2013 | Business
Alice Korngold

It can't possibly be in the interests of shareholders, companies, efficient markets, or a better world for board members to hang on for years and years, especially people who have little or no experience or expertise in the most vital challenges facing today's global marketplace.

Annual Elections for Corporate Boards: For or Against?

Alice Korngold | Posted 09.06.2013 | Business
Alice Korngold

Annual board elections are a progressive approach and best practice to board governance.

How Good Corporate Governance Can Help Save Middle Eastern Economies In Crisis

John Sullivan | Posted 08.30.2013 | Impact
John Sullivan

As the Middle East seeks to stabilize its markets after years of upheaval, a good corporate governance strategy can help create a strong and stable private sector that provides jobs, income, and wealth creation for its populations.

Using Our Wallets to Open Corporate Boards to Women

Susan Bulkeley Butler | Posted 08.03.2013 | Business
Susan Bulkeley Butler

Corporate boards and CEOs may not always understand the need for diversity and the advantages of having more women within their ranks, but they do understand the importance of profits, investors and keeping customers happy.

J.P. Morgan Post-game Analysis

Richard Leblanc | Posted 05.24.2013 | Business
Richard Leblanc

What are we to take from this, from a governance and accountability perspective? First, the directors who received less than 60 percent should all be replaced.

Bowlers for Bankers? Don't Import Failed UK Governance Cliches

Jeffrey Sonnenfeld | Posted 07.14.2013 | Business
Jeffrey Sonnenfeld

JP Morgan's Jamie Dimon is just the lastest to be ensnarled by the annual "separate the roles" campaign -- independent of lack of evidence these arrangements improve governance.

Eleazar David Melendez

The 'Lindsay Lohan Of Banks' | Eleazar David Melendez | Posted 05.03.2013 | Business

Two years ago, when CtW Investment Group began asking JPMorgan Chase & Co. to drop several members from its corporate board, Michael Pryce-Jones, a se...

Bad to Worse: Why Shareholder Activism Hurts Shareholders

Sanjay Sanghoee | Posted 07.03.2013 | Business
Sanjay Sanghoee

One of the ways (theoretically) in which businesses are held accountable by the public, or at least those with stock portfolios, is through shareholder activism. However, in practice, shareholder activism can actually be a case of a disease being used to cure an illness.

Everyone's Business: Why the Private Sector should be Accountable to the Public

Sanjay Sanghoee | Posted 06.26.2013 | Business
Sanjay Sanghoee

The private sector should be held to the same standard of scrutiny that the government itself receives from the people, and corporate governance should be as much a matter of public debate and law as political governance.

Eleazar David Melendez

Activist Shareholders Take Aim At Sneaky Corporate Boardroom Practice | Eleazar David Melendez | Posted 04.25.2013 | Business

Last year, after being voted out of office by the shareholders who technically pay their salaries, 55 directors at publicly-traded American companies ...

Corporate Governance and CEO Pay: The Cesspool at the Top

Dean Baker | Posted 06.17.2013 | Business
Dean Baker

The high pay for those at the top does not come out of the air; it comes from everyone else's paycheck. There is no single policy that would reverse this enormous upward redistribution of income, but reining in CEO pay has to be an important part of the story.

American Banks Should Split the Chair and CEO Roles

Richard Leblanc | Posted 06.16.2013 | Business
Richard Leblanc

The roles of a lead director and board chair are different. More and more American corporations are moving towards effective, non-executive chairs. Banks should not be dragging their feet.