Well, the shareholder rights express continues to roll down the track.
You’ve probably already seen my past columns and other Compliance Week articles dwelling on current or past reform efforts at the Securities Exchange Commission or Congress, intended to enhance shareholders’ abilities to elect corporate directors and otherwise influence what goes on in corporate boardrooms.
Consistent therewith, in July the SEC proposed a host of additional proposals calling for further disclosure surrounding such matters as compensation policies and how they drive risk; director and nominee qualifications; the board’s leadership structure; and potential conflicts of compensation consultants. To some extent these ...