Issuers Pushed to Stand Up on Social Issues
If you streamed Hamilton last weekend, you saw opposing sides of a question facing today’s public companies personified by two 18th-century politici...
Airbnb Opens its Doors to Stakeholders
Poke around on the website and it becomes clear that Airbnb fancies itself a different kind of company. The room-sharing and travel service touts itse...
“Overboarding,” Lack of Board Diversity Emerge as Governance Battlegrounds
As one of the largest asset managers in the world, BlackRock has leveraged its position in recent years to encourage better corporate governance and a...
Coming to Terms With Marrying Sustainability and Executive Compensation
In 1970, influential economist Milton Friedman made a bold proclamation in an essay for The New York Times that changed the face of business ethics. F...
Is Third-Party Securities Regulation Having Its Day?
Last year, BlackRock CEO Larry Fink famously fired a warning shot at public company CEOs. In a 2018 letter, he declared that BlackRock—with $6 trill...
Pension Funds Assume Activist Role in Private Equity Investments
For more than a year now, we’ve been talking about a Wall Street phenomenon. Activist and institutional investors, we’ve noted, are increasingly s...