This article addresses how pharmaceutical companies take precautions against activist firms when using their shares as currency for an acquisition. These bans have gone largely unnoticed by the activist managers, who say shareholders may be harmed when a company limits who can buy its shares.
This article deals with recommendations of India's Ministry of Corporate Affairs to suggest measures for monitoring the implementation of Corporate Social Responsibility policies.
This article shows how companies are deciding that sometimes it’s better to compromise than mount aggressive defenses. Putting an activist on a board early avoids the costs, distractions and reputational damages risked in a potential proxy fight—and brings behind closed doors contentious discussions about spinoffs, buybacks or asset sales. It also reflects the heightened pressure on corporate directors to show they’re acting on behalf of shareholders and willing to buck management.
The SEC's recently adopted pay ratio rule is complex and offers companies flexibility in determining their pay ratios. Companies should start the compliance process in the near term to evaluate the options the pay ratio rule provides and address any issues that arise in applying those options.
In this ACC Leading Practices Profile, learn from the corporate social responsibility programs of five organizations. Understand how their approaches integrate social and environmental imperatives into business operations and interactions with stakeholders.
This article highlights significant considerations for boards operating in today’s volatile business climate: Corporate governance has become more of a shared responsibility than ever before; directors should adopt a proactive stance and engage with management in candid, ongoing discussion about the company’s strategy; and directors have a responsibility to set the right tone at the top regarding long-term value creation.
This article provides a summary overview of information-related legal requirements, identifies specific legal requirements that expressly compel organizations to establish crucial building blocks for an effective information governance program and is a discussion of how information compliance requirements provide compelling synergies for the information governance approach.
These 10 steps will help your company begin to analyze and respond to an activist investor before the need arises.
Large institutional investors have been increasingly focused on board composition in order to ensure an effective board of directors. Recent activist investor activity has increased the visibility of these issues. This panel will focus on such critical board composition matters as appropriate skill sets, including independent director industry expertise, and board refreshment techniques such as evaluations, tenure and term limits. The panel will also review how these important issues can impact board diversity. Everyone who advises a board of directors should attend this session.
This sample form is a list of documents to be reviewed in connection with a due diligence review of a company.