Category Archives: Proxy Voting

Civic Virtue as the Animating Ideal

Fourth in a Series: Time to Talk About the Public Interest The TakeAway: Despite the great strides made toward incorporating environmental, social, and governance (ESG) considerations into economic decision making, these ideas are untethered from a moral paradigm or ethos … Continue reading

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Ready For Their Close-Up: Corporate Secretaries and “The Shape of Things to Come”

Part One of Three The TakeAway: The recent annual conference of the Society of Corporate Secretaries and Governance Professionals focused on “The Shape of Things to Come”—that is, key issues and trends affecting corporate accountability and sustainable prosperity. In so … Continue reading

Posted in Corporate Governance, Corporate Political Activity, Corporate Reporting, Corporate Sustainability, Ethics and Values, Interactive Technology, Politics, Proxy Voting, Public Policy, Stakeholder Engagement | Tagged , , , , , , , , , , , , , , , , , , | 1 Comment

A Valentine’s Bouquet: Twelve for 2012

The TakeAway: The blooms of sustainable prosperity and justice are fed by at least twelve currents that will get stronger throughout 2012. They involve the maturation of corporate social responsibility and corporate governance; rethinking the meaning of “fiduciary”; balancing internationalism … Continue reading

Posted in Climate Change, Corporate Political Activity, Corporate Reporting, Corporate Sustainability, Human Rights, Interactive Technology, Investor Governance, Natural Disasters, Proxy Voting, Public Policy, Stakeholder Engagement, Sustainable Investing | Tagged , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Bank Foreclosures Draw Investor Ire

Guest Commentary by Ariane van Buren, Contributing Analyst, The Murninghan Post The TakeAway: Public pension fund investors turn up the heat on big banks as outrage over lending and mortgage practices mounts. With millions of families losing their homes – and fears … Continue reading

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Proxy Resolutions, Shareholder Engagement, and Buggy Whips

Part One of Two Parts The TakeAway: Proxy resolutions continue to influence corporate behavior on social policy and corporate governance, but proponents need to explore additional forms of engagement, including social media and other digital means. It’s the day after … Continue reading

Posted in Climate Change, Corporate Governance, Corporate Political Activity, Corporate Reporting, Corporate Sustainability, Human Rights, Interactive Technology, Politics, Proxy Voting, Stakeholder Engagement | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

People Power

The TakeAway: The outcome of Tuesday’s elections will influence public policy on sustainability and financial reform, but individuals can still make a difference. Tomorrow’s elections are expected to yield gains for the Republicans in Congress, which could affect not only … Continue reading

Posted in Climate Change, Corporate Governance, Corporate Political Activity, Corporate Sustainability, Proxy Voting, Public Policy | Tagged , , , , , , , , , | 1 Comment

Sustainability News Roundup

The TakeAway: BP’s transparency, the power of proxy advisory firms, and uncontrolled campaign spending BP disaster: truth or “integrated spin”?  | Today’s New York Times and Wall Street Journal report that Halliburton knowingly supplied “unstable” cement to BP to seal … Continue reading

Posted in Corporate Governance, Corporate Political Activity, Corporate Reporting, Corporate Sustainability, Investor Governance, Proxy Voting, Public Policy | Tagged , , , , , , , , , , , , , , | 2 Comments

Sustainability News Roundup

The TakeAway: Sustainable finance, ForeclosureGate, and new leadership for Society of Corporate Secretaries offer challenges and hope. Ceres report on water shortage | The impact of water problems on the municipal bond market may seem boring, but tell that to … Continue reading

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Notable News Roundup & Recommended Reading

The TakeAway: Proxy access, human rights, and ethics among important topics of the week—plus, 2 books on improving performance. Lots of news that’s fit to print this week, but we didn’t have room—so before the long Columbus Day weekend here … Continue reading

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This Week’s Notable News and Recommended Reading

The TakeAway: We survey developments in fair labor and proxy access, and review Joe Nye’s book on the nature of leadership. After almost three months and more than 60 posts, we at The Murninghan Post realize there’s just too much … Continue reading

Posted in Corporate Sustainability, Human Rights, Proxy Voting, Public Policy | 1 Comment

Power to the People: Mutual Funds and Corporate Reform

The TakeAway: Mutual funds continue to gain power and influence on corporate governance and accountability, which has yet to be fully tapped. Mutual funds are quietly emerging as a key tool for corporate reform, as they bridge populist power and … Continue reading

Posted in Corporate Governance, Corporate Sustainability, Proxy Voting, Public Policy | 4 Comments

The New Fiduciary: Stewardship and Sensibility

The TakeAway: Changes in financial regulations place new responsibilities on institutional investors, requiring new forms of engagement, education, and behavior. These days, financial and corporate governance reform advocates have concentrated a lot of attention on corporate boards, and for good … Continue reading

Posted in Corporate Governance, Corporate Reporting, Corporate Sustainability, Investor Governance, Proxy Voting, Public Policy, Stakeholder Engagement, Sustainable Investing, Web 2.0 | 4 Comments

Drawing Swords: The Battle Over Proxy Access

The TakeAway: As the Federal Register publishes proxy access rules, we survey arguments against shareholder rights. Earlier today, the Federal Register published new rules governing proxy access that will take effect November 15th.  The proxy access rule, approved by the … Continue reading

Posted in Corporate Governance, Proxy Voting, Public Policy, Stakeholder Engagement | 7 Comments

NOTABLE PEOPLE: Bob Monks and the Battle to Change Corporate America

The TakeAway: Bob Monks believes new corporate governance reforms fall short, but digital tools can help advance accountability goals. Robert A.G. Monks has a long history of pioneering work on corporate accountability.  From his tenure as first Department of Labor … Continue reading

Posted in Corporate Governance, Corporate Sustainability, Interactive Technology, Investor Governance, Notable People, Proxy Voting, Public Policy, Stakeholder Engagement, Sustainable Investing, Web 2.0 | Tagged , , , , , , , , , , , , , , , , | 5 Comments

Fat Cats & Pink Slips: The Link Between CEO Pay and Layoffs

The TakeAway: CEO pay rises highest at firms that lead in layoffs, says a new report – a bitter pill to swallow in hard times. During this recession, there’s nothing like excessive CEO pay to get the blood boiling – … Continue reading

Posted in Corporate Governance, Proxy Voting, Wage Gap | Tagged , , , , , , , , , , , , | 2 Comments

Proxy Access & Shareholder Citizenship: The Quest for Inclusion

The TakeAway: New SEC rule allows shareholders to nominate board candidates, a major victory for corporate democracy. Yesterday was historic: the SEC granted shareholders the power to nominate candidates for board director elections.  The 3-2 vote along party lines ended … Continue reading

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“We the People”, Not “We the Moguls”

The TakeAway: Controversial corporate political spending spurs shareholder activism aimed at aligning company values with American values. With election season around the corner, today we question if our democracy, founded on the ideal of representing “We the People”, has been … Continue reading

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The Four E’s of Social Media & Sustainability

The TakeAway: Sustainability Leaders Need to Use Social Media to Exchange, Educate, Engage, and Enhance. Social media has exploded within the past few years to become a fixture in our culture.  For example, Facebook’s network has mushroomed to 500 million … Continue reading

Posted in Corporate Governance, Corporate Reporting, Corporate Sustainability, Interactive Technology, Proxy Voting | Tagged , , , , , , , , , , , , , , | 13 Comments

Good Ownership and Good Governance: The Case for Investor Stewardship

The TakeAway: New UK Stewardship Code Helps Investors Act as Owners – Will US Follow Suit? With all the attention on financial regulatory reform, it’s easy to forget a simple truism:  You can’t have good corporate governance without good ownership.  … Continue reading

Posted in Proxy Voting, Public Policy, Stakeholder Engagement | Tagged , , , , , , , , , | 3 Comments

Rules of the Road: Fixing Corporate Governance, and What It Means To You

The past half-year or so has seen a host of corporate governance reforms in the US, which dramatically change the context of corporate power and accountability.  In December 2009, the Securities and Exchange Commission (SEC) set the ball rolling by … Continue reading

Posted in Corporate Reporting, Proxy Voting, Public Policy | Tagged , , , , , , , , , , , , , , , , , | 5 Comments

Good Governance: A Perfect Storm

Part Three of Three Parts President Obama signed the Dodd-Frank Act into law yesterday, capping an extraordinary period of financial and governance reform, stimulated by the collapse of Lehman Brothers 22 months ago.  You could call it “the end of … Continue reading

Posted in Proxy Voting, Public Policy | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 4 Comments

Environmental & Social Policy Resolutions Receive Record Levels of Support

Part Two of Three Parts For more than forty years, shareholder activists and large investors have expressed their concerns to corporate boards through the proxy resolution process.  For them, this past season was the best ever. Proxy resolutions are proposed … Continue reading

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Voting Matters: Record-Breaking Proxy Season

Part One of Three Parts It’s been a banner year for U.S. capital market reform:  on Wednesday President Obama is expected to sign the Dodd-Frank Act, while the SEC is receiving comments on its Concept Release for improving the process … Continue reading

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Free and Fair Elections?

Corporate governance in the United States operates much like the old days of corrupt municipalities: James Michael Curley’s Boston, Richard J. Daley’s Chicago, or George Washington Plunkitt of New York City’s Tammany Hall.  Patronage and abuse of power rule the … Continue reading

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