Shareholders

It Pays To Be A CEO

AP | CHRISTINA REXRODE and BERNARD CONDON | Posted 05.25.2012

NEW YORK — Profits at big U.S. companies broke records last year, and so did pay for CEOs. The head of a typical public company made $9.6 milli...

An Investor Perspective: WellPoint's Political Disclosure Controversy

Jack Ucciferri | Posted 05.21.2012

Jack Ucciferri

By the nature of WellPoint's core business, it is connected to some of the most intimate moments in its clients' lives. WellPoint is in a risky business and by not being fully transparent about how they participate in politics, they amplify their risks even more.

'Tis the Season of the Shareholders

Nell Minow | Posted 05.14.2012

Nell Minow

There are moral hazards and agency costs in the allocation of corporate funds. Experience has shown that executives will support policies that diminish shareholder returns. The term "capitalism" refers, after all, to the providers of capital.

CEOs Get Served by Shareholders Sick of Political Spending

Lisa Gilbert | Posted 05.08.2012

Lisa Gilbert

Companies should get out of the political spending game and focus on doing what they were created to do: make a profit for their shareholders.

Shareholder Pay Revolt Drives Major CEO To Resign

AP | Posted 05.08.2012

LONDON -- The chief executive of Aviva, Britain's largest insurer, has resigned following a shareholder revolt over executive pay, the company said Tu...

So Much For Shareholder Revolt

The Huffington Post | Mark Gongloff | Posted 05.07.2012

The shareholder revolt against banker pay seems to have fizzled out. Shareholders late last week rejected the pay plan for Sterling Bancorp, a New ...

Shareholders, Protesters To Target Major Corporation

Reuters | Posted 05.05.2012

* Shareholder proposal seeks end to campaign contributions * Company calls proposal imprudent * Comes amid time of risin...

Investor: 'Big Banker Pay Hasn't Been Tamed At All'

Reuters | Posted 05.03.2012

By Katharina Bart ZURICH, May 3 (Reuters) - UBS became the latest bank to face the anger of its shareholders over exec...

Activists Target BofA Shareholder Meeting

Reuters | Posted 05.01.2012

* 99% Power groups says Wells Fargo excluded shareholders * Group wants to meet with CEO before May 9 meeting * Activist...

U.S. Needs Shareholders' Rights

Ted Kaufman | Posted 04.30.2012

Ted Kaufman

I doubt it. After years of not having to worry much about what their shareholders thought, the Citigroup vote was a wake up call for every corporate board of directors.

We, the Shareholders (Not the People)

Carl Gibson | Posted 04.30.2012

Carl Gibson

In a true democracy, our officials are elected by and held accountable to us, the citizen, the highest office in the land. By focusing on the issues that unite instead of divide, and organizing with other citizens who meet on common ground, we can reject the status quo and its servants.

'No' Vote on Citigroup's Pay Should Spark CEO Compensation Reform

Judith Samuelson | Posted 04.23.2012

Judith Samuelson

What would pay look like if pay packages emphasized investment in the real economy over short term profits that emanate from the non-productive activity that got us into trouble in the first place? Citi might be a great place to experiment.

Bank Of America Shareholders Say $20 Million Settlement Isn't Enough

AP | Posted 04.24.2012

NEW YORK (AP) — A recently proposed $20 million settlement of shareholder claims by Bank of America Corp. over its 2009 acquisition of Merrill Lynch...

Citigroup CEO, Directors Sued For Outsized Executive Pay Packages

Reuters | Posted 04.21.2012

* Lawsuit follows rejection of CEO Pandit's pay package * Directors accused of breach of fiduciary duties April 20 (Reut...

Ex-Citi Chairman: Poor Communication To Blame For CEO Pay Fight

Reuters | Posted 04.20.2012

* Ex-chairman says pay plan not explained well * Plan by board lost in advisory poll of shareholders * Barney Frank prai...

Citi Shareholder Revolt Spreads To Other Banks

The Huffington Post | Mark Gongloff | Posted 04.19.2012

Citigroup shareholders seem to have started a trend. After the resounding rejection of Citigroup's compensation plan earlier this week, shareholder...

The Significance of Citigroup's Shareholder Revolt

Robert Reich | Posted 04.18.2012

Robert Reich

The vote against Vikram Pandit's proposed pay package isn't binding on Citigroup. But it's a warning shot across the bow of every corporate boardroom in America. Shareholders aren't happy about executive pay.

Stray Thoughts on the Rise of Shareholders

Robert Teitelman | Posted 04.16.2012

Robert Teitelman

Are we better or worse off economically, socially and politically with shareholders in that pre-eminent a role? Is there a balance point? Have we, in a world of activist hedge funds and high-frequency trading, overshot that point?

Watchdog: Poor Bank Governance 'Wreaked Economic Chaos'

Reuters | Posted 04.13.2012

* Economic advisory group fingers boards, execs, shareholders * Regulators warned against interfering in corporate strategy ...

Jason Cherkis

MoveOn, Labor Unions Aim To Teach 100,000 Occupy's Nonviolent Protest Tactics

HuffingtonPost.com | Jason Cherkis | Posted 04.10.2012

WASHINGTON -- Boot camp is about to begin. On Monday and extending throughout this week, a coalition of progressive organizations from across the c...

Whose Corporations? Our Corporations!

Ken Jacobson | Posted 04.05.2012

Ken Jacobson

Historically, corporations were understood to be responsible to a complex web of constituencies, including employees, communities, society at large, suppliers, and shareholders. But in the era of deregulation, the interests of shareholders began to trump all the others.

Union To Goldman: You're Going To Need To Try Harder To Please Us

AP | CHRISTINA REXRODE AND SARAH SKIDMORE | Posted 04.04.2012

NEW YORK -- Goldman Sachs made a move to court unhappy shareholders by shaking up its board. But Tuesday, a union group said it wasn't enough....

Making Corporate Actions Visible

Ralph Gomory | Posted 05.26.2012

Ralph Gomory

We are a nation of corporations, but our press and our conventional politics do not in any systematic way make visible the effect of corporate actions on the country. Let us as citizens make up for that significant omission.

Could Connecticut Be the First to Get Serious About Shareholders Rights Post-Citizens United?

Ciara Torres-Spelliscy | Posted 05.25.2012

Ciara Torres-Spelliscy

Connecticut has a clear path forward with the blessing of the Supreme Court. They can adopt a requirement that shareholders get a say on politics. With any hope, Connecticut can be the mouse that roars, exhibiting national leadership in this post-Citizens United America.

Automaker CEO Suddenly Way Richer

Reuters | Posted 05.06.2012

By Deepa Seetharaman March 6 (Reuters) - Ford Motor Co Chief Executive Alan Mulally was awarded shares in the No. 2 U.S. automaker wh...