SEC Proposal Would Curb Shareholder Resolutions
By definition, owning a share of stock gives the holder partial ownership of a company. Even though institutions like mutual funds and pensions contro...
The Proxy Adviser Strikes Back
It’s one of the defining conflicts in corporate governance today: the attempt to constrain the behavior of public companies by non-governmental “s...
Intelligize Unveils Playbook for ESG Shareholder Proposals
Sustainable packaging. Political spending. Executive compensation. These were just a few of the environmental, social and governance (ESG) matters ...
At SEC, Ordinary Business Gets Unusual
The SEC calls it “ordinary business.” But lately, it hasn’t felt too usual. On Oct. 16, the SEC Division of Corporation Finance, aka CorpFin,...
FASB Reality Check Produces Delays for New Accounting Standards
The Financial Accounting Standards Board (FASB) has learned some tough lessons in 2019 about the differences between pie-in-the-sky planning and on-th...
“Test-the-Waters” Rule Lets Companies Dip a Toe in IPOs
It has been a rough year for IPOs, as highly touted offerings keep flopping. Ride-sharing service Uber Technologies Inc. has seen its stock price fall...