Tomorrow is election day for Elon Musk. Tesla shareholders will vote on whether to re-approve his 2018 pay package (valued at $46 billion) after it was rejected by a Delaware court in a shareholder lawsuit. The outcome is hard to call, but it could have an impact on not just Tesla but corporate governance practices […]
It seems like every few years there’s an initiative by New York or London to “reclaim” its standing as a top financial center. So we greeted today’s news of such a campaign by the UK government as, well, something quite familiar. There’s more than national pride at stake in these efforts. Financial services accounts […]
Like spring blossoms, corporate proxy statements will start to arrive in the coming weeks. They are likely to reflect both the extraordinary events of 2020 and the continuation of trends that have been gathering momentum in recent years. Boards face a big challenge to address these issues effectively, and the quality of their communication will […]
A high powered investor group led by Warren Buffett and Jamie Dimon revealed their recommendations for improving corporate governance last week. The announcement was flawless – a show to rival any Broadway opening – but the dazzling cast couldn’t make up for a weak report. But while their show closed early, the authors’ clout is […]