Corporate Governance

North Carolina Supreme Court Addresses Duties of Corporate Directors

In a rare opinion, the North Carolina Supreme Court addressed the duties of corporate directors, reaffirming that those duties are generally owed only to the corporation itself rather than the individual shareholders.

Big Tax Benefits Of “Inversion” Make It A Popular Acquisition Ploy

A type of acquisition known as an inversion has major tax benefits for U.S. companies, and recently there’s been a […]

Bond Investors Irked By Shareholder Activism

Where activist shareholders see rising stock prices, bond investors see companies making poor long-term decisions for the sake of shareholder […]

OECD To Review Corporate Governance Principles

The Organization for Economic Cooperation and Development (OECD) has begun a process to update its international corporate governance framework to […]

What Transparency Advocates Want

Disclosure is a source of endless discussion in corporate boardrooms and legal departments, and it seems to many that the […]

How A CEO’s Personal Life Can Affect A Company

A Stanford University study found that when a CEO goes through a divorce, it can have an impact on a […]

Abercrombie Fends Off Activist Shareholder, Keeps CEO

Despite an intense campaign by investor firm Engaged Capital, Abercrombie & Fitch has signed a new employment contract with CEO […]

Maybe Proxy Advisory Firms Have Too Much Clout

A major debate is opened, as the SEC convenes a roundtable. Is there something amiss when two entities – Institutional […]

Firm Setting Benchmark For BigLaw Announces Year-End Bonuses

Cravath, Swaine & Moore, the BigLaw firm that others often look to for a lead on how much associate bonuses […]

Political Contribution Disclosure Gets A Pass From The SEC

Public interest groups are livid over the SEC’s failure to put a political contribution disclosure requirement on its rulemaking agenda […]

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