Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

CEOs pledge ‘commonsense corporate governance principles’

Joe Mont | October 30, 2018

CEOs of 20 leading public companies, pension funds and investment firms have signed onto “Commonsense Corporate Governance Principles 2.0,” the follow-up to a 2016 effort intended to “jumpstart a national conversation on corporate governance.”

The new, updated document serves as a written commitment by the signatories to build upon a variety of corporate governance best practices within their own organizations.

Included among the list of updated governance principles:

  • Board members should be prepared to serve for a minimum of three years.
  • If board elections are not annual, companies should explain why.
  • Companies and shareholders are encouraged to engage early on important proxy proposals.
  • Companies should allow some form of proxy access.
  • Poison pills and other anti-takeover defenses should...
    Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.