iOS app Android app

Shareholders

Urban Outfitters' Resistance to Diversity Is as Outdated as Bobby Socks and Parachute Pants

Denise L. Nappier | Posted 06.06.2014 | Business
Denise L. Nappier

Visit an Urban Outfitters, Anthropologie or Free People clothing store, and you're likely to think, "They know their market." Yet Urban Outfitters, which owns all three stores, has leaders who are so out of touch that for years they have refused to have a policy to even consider having women and minorities on its board of directors.

Divest Now: Clayton Williams, the Oil Corporation That Loves the NRA (Even More Than its Own Shareholders)

Naomi Seligman | Posted 07.07.2014 | Politics
Naomi Seligman

Oil and gas giant Clayton Williams Jr. is, of course, under no obligation to change his opinions. But he has no business using his publicly traded corporation to further his political agenda.

The U.S. Chamber of Commerce: Representing Neither Great Men Nor Bad Men

John Harrington | Posted 06.25.2014 | Business
John Harrington

It lights up my natural life that the U.S. Chamber of Commerce has once again proven itself to be above human beings, shareholders and other stakeholders in our society by proposing to destroy owners' free speech and protect the rights of authoritarian corporate management.

Since Bangladesh Factory Collapse, What Has Changed?

Keith Mestrich | Posted 06.23.2014 | Impact
Keith Mestrich

The factory collapse was a horrific reminder of how important it is to support companies that make treating workers fairly a priority. That means taking more responsibility as consumers.

Fire (Ready, Aim): The Budding Campaign to Diminish Shareholder Rights

Julie Fox Gorte | Posted 06.04.2014 | Business
Julie Fox Gorte

Recently, there have been several public calls by prominent officials calling for curtailment of shareholder activism.

Shareholders May Recover From the Advisors to a Board of Directors

Brad Reid | Posted 05.31.2014 | Business
Brad Reid

Shareholders may sue members of corporate boards of directors when they breach their fiduciary duties. These fiduciary duties include the duty of care and loyalty. A recent Delaware Court of Chancery decision allowed a lawsuit against an advisor to the directors.

More CEOs Should Tell Anti-Environment Shareholders to Buzz Off

Andrew Winston | Posted 05.24.2014 | Green
Andrew Winston

At Apple's latest shareholder meeting, a think tank, NCPPR, pushed the company to stop pursuing environmental initiatives like investing in renewable energy. Cook went on a tirade -- or at least what passes for one from the very cool and collected CEO. He made it clear that he makes choices for reasons beyond just the profit motive.

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.

Are Spas Ignoring the Needs of Ethnic Women?

Linda Harding-Bond | Posted 03.10.2014 | Black Voices
Linda Harding-Bond

Increasingly more and more African-American, Hispanic, Asian, biracial and other ethnic women are asking a question prior to booking their facial appointment. The question is, 'Do you have someone who knows how to work with my skin?'

Founders as Directors Must Avoid Self-Dealing

Brad Reid | Posted 12.31.2013 | Business
Brad Reid

An assertion that the directors failed to exercise proper oversight requires proof that the directors failed to create an information system or controls or, having an information system, consciously failed to monitor corporate operations.

Litigation Between a Founder and Outside Investors

Brad Reid | Posted 01.23.2014 | Business
Brad Reid

Once a privately held company obtains outside investors, there may be tensions between the desire of the founder of the business to maintain control a...

The Corporate Voice Is Louder Than Your Voice

Robert A.G. Monks | Posted 12.15.2013 | Politics
Robert A.G. Monks

We all know there is too much corporate involvement in Washington. Too many lobbyists and too many subsidies and tax breaks for big corporations, too much money. But what does that mean and how does it impact our country?

Laboratories of Capitalism

Barbara Dyer | Posted 11.20.2013 | Business
Barbara Dyer

Shareholder primacy as a management principle is without basis in law and has neither benefited shareholders nor society at large. Such is Steven Pear...

On the 5th Anniversary of the Financial Crisis, 5 Critical Must-Do's -- No. 4

Phil Angelides | Posted 11.12.2013 | Politics
Phil Angelides

Too many of the nation's major institutional investors -- who manage the life savings of working Americans and who are major shareholders in the big banks -- have been silent and passive in the wake of the crisis.

Why the Fight Over Dell Is About the Future of American Enterprise

Sanjay Sanghoee | Posted 09.22.2013 | Business
Sanjay Sanghoee

Financial considerations are important but so are strategic ones, and if our capital markets are to mean anything, then they need to provide the fuel for innovation rather than stifle it.

Why Carl Icahn's Legal Gambit on Dell Shows Bad Faith and Is Not Shareholder Activism

Sanjay Sanghoee | Posted 09.09.2013 | Business
Sanjay Sanghoee

Icahn should back off with his opposition to the buyout, and if he really cares about his investment, roll up his sleeves and get involved in helping Dell grow.

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.

Reining in the Corporation

Ralph Nader | Posted 07.31.2013 | Business
Ralph Nader

It's a sad state when such outright corporate hypocrisy becomes standard fare. Perhaps CEOs, such as Tim Cook, have become too accustomed to corporations having enormously greater privileges and immunities than actual persons.

Do CEOs matter?

Angela Perkey | Posted 07.28.2013 | Business
Angela Perkey

If compensation is solely based on influence, it would be difficult to argue that anyone should be paid more than CEOs of large companies. And yes, this includes political leaders.

Upset that Jamie Dimon Won? Think Again About the Separation of Powers

Selina Wang | Posted 07.23.2013 | College
Selina Wang

The solution to corporate governance is much more nuanced than what activist shareholders think. In the long run, taking away Dimon's title as chairman may have been counterproductive. Still the most popular executive in the banking industry, Dimon is here to stay.

Shareholders Pressure McDonald's to Report Human Rights Impacts

Margaret Jungk | Posted 07.22.2013 | Business
Margaret Jungk

Whenever I talk to businesses, they tell me that identifying and reporting their human rights impacts is hard. It sure is. But so is serving millions of hamburgers every day. I like to think that sometime in the future, companies won't be able to do the latter without the former.

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.

Calling Out the Corporate Charade

Sarita Gupta | Posted 06.17.2013 | Business
Sarita Gupta

Shareholder season is upon us, marking the beginning of another round of corporate America's dog-and-pony shows held to placate their cronies and pat each other on the back for another profitable year.

Realigning Purpose, Getting Things Done

Judith Samuelson | Posted 05.20.2013 | Business
Judith Samuelson

I just returned from a great exchange of ideas organized by the Kellogg School of Management's Public-Private Initiative and the Aspen Institute. A key driver in the behavior of business and capital markets is how we describe -- and measure -- the purpose of the business corporation.

How the Megabanks Just Played the SEC and Shut Out Their Shareholders

Micah Hauptman | Posted 05.14.2013 | Business
Micah Hauptman

The megabanks should welcome the opportunity to explain to their investors why they benefit from their megabank size and structure. And the SEC should permit investors an opportunity to let their voices be heard.