Fund manager BlackRock announced several new initiatives with a focus on sustainable investing, including holding companies and boards more accountable where they are not making enough progress on sustainability-related disclosure.
Boards & Shareholders
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Argo Group agrees with Voce to overhaul board
Argo Group, a Bermuda-based insurance company, announced it has reached an agreement with activist fund Voce Capital Management to make changes to the composition of Argo’s board of directors.
Posted inBoards & Shareholders
New York legislation requires ‘Women on Corporate Boards Study’
New York Governor Andrew Cuomo has signed legislation requiring a study to be conducted on the number of women directors who serve on each board of directors of domestic and foreign companies authorized to do business in New York.
Posted inBoards & Shareholders
Top 10 risks to keep executives on their toes in 2020
A new study from Protiviti and North Carolina State University not only highlights those risks companies should keep an eye on in the coming year—it also prompts leadership to explore whether or not they’re taking enough risks.
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Troubled Boeing loses legal head to retirement
J. Michael Luttig, who has led Boeing’s legal matters associated with the Lion Air Flight 610 and Ethiopian Airlines Flight 302 crashes, will retire at year end.
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Apple, Walmart among compliance winners of 2019
Strong social stances, a dedication to doing what’s right, and leading by example highlight the qualities exemplified by our list of ethics and compliance winners of 2019.
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Study: Board diversity, gender pay, political contributions top shareholder agendas
A Conference Board analysis of trends in shareholder voting and activism in Russell 3000 corporations demonstrates more shareholder savvy and creativity in pursuing social and environmental issues.
Posted inAccounting & Auditing
At rare open meeting, PCAOB says it’s on path to change
A recent PCAOB open meeting reviewed details about shareholder outreach and offered a view into its five-year strategic plan.
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More companies pointing finger at proxy advisory firms
A new survey from the U.S. Chamber of Commerce and Nasdaq says the number of companies identifying conflicts of interest at proxy advisory firms has almost doubled.
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House passes bill requiring disclosure of diversity on corporate boards
If enacted, legislation on corporate board diversity would require the SEC to work on strategies to increase gender, racial, and ethnic diversity on corporate boards.