Sound corporate governance is good for shareholders and corporations alike, lowering the cost of capital, reducing risk, and helping businesses prosper, especially in turnarounds. And constructive engagement is far better than an adversarial relationship between investors, corporations, and their boards. Like a samba refrain, those themes sounded throughout the 10th annual International Corporate Governance Network […]
Deane, Institutional Shareholder Services Stephen
Posted inBoards & Shareholders
Disney Drama: What It Means For All Public Companies
The Disney drama that commanded center stage [last] week trumpeted the themes that will play out this proxy season. Two extraordinary actions at Walt Disney Co. stand out. First, a startlingly large 43 percent of voting shareholders withheld support from CEO Michael Eisner’s re-election to the board. Second, in response to the vote, Eisner stepped […]
