reports from corporate governance land

Here are my thoughts on recent developments in corporate governance.

blog roll

(First in a Series of) Thoughts on Staff Legal Bulletin No. 14L

Doug Chia

Nov 10, 2021

(First in a Series of) Thoughts on Staff Legal Bulletin No. 14L

The term “significant policy issue” doesn’t appear anywhere in Rule 14a-8. So, where does this exception come from?

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Doug Chia

Oct 19, 2021

BlackRock Gives It Away

BlackRock's announcement to let indexed clients instruct their votes has received wide praise, but the move raises a number of questions.

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Doug Chia

Oct 4, 2021

Update on VSM-Related Proposals

The SEC staff has posted the letter it sent to Brinker International regarding The Humane Society's VSM shareholder proposal.

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The Virtual Annual Meeting Shareholder Proposals!

Doug Chia

Sep 28, 2021

The Virtual Annual Meeting Shareholder Proposals!

The SEC staff appears to have flipped the script on shareholder proposals about virtual shareholder meetings.

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Reimagining Board Committees to Accommodate Worker Voice

Doug Chia

Aug 26, 2021

Reimagining Board Committees to Accommodate Worker Voice

Demands for worker voice are on the rise. Boards could soon be challenged to accommodate worker voice more formally in corporate governance.

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A Seat at the Table: Worker Voice and the New Corporate Boardroom

Doug Chia

Aug 25, 2021

A Seat at the Table: Worker Voice and the New Corporate Boardroom

The Aspen Institute just published a series of six essays that present fresh perspectives on "worker voice" in the boardroom.

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"VSMs on 'Autopilot'… Is that Legal?" (from the OPTIMIZER)

Doug Chia

Jul 24, 2021

"VSMs on 'Autopilot'… Is that Legal?" (from the OPTIMIZER)

A reaction to my previous post about pre-recorded virtual annual meetings from The Shareholder Service OPTIMIZER.

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The Question I Asked at This Year's Virtual Shareholder Meetings

Doug Chia

Jun 23, 2021

The Question I Asked at This Year's Virtual Shareholder Meetings

I tested the waters with the Q&A function at VSMs this year by submitting a question about PACs.

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If An Annual Meeting Takes Place In the Woods…

Doug Chia

Jun 21, 2021

If An Annual Meeting Takes Place In the Woods…

How virtual can a virtual shareholder meeting be and still be called a meeting?

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BlackRock's 2021 VSM: Pretty good for a non-event

Doug Chia

May 28, 2021

BlackRock's 2021 VSM: Pretty good for a non-event

There was nothing extraordinary about BlackRock's 2021 virtual shareholder meeting, but I kind of liked it.

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Doug Chia

Apr 21, 2021

Snapshots from the Carrier 2021 VSM

I attended the Carrier Global Corporation 2021 Annual Meeting of Shareowners on Monday, April 19 (vitual-only, audio-only).

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When Disclosure Is the Better Part of Valor: Lessons From the AT&T Regulation FD Enforcement Action

Doug Chia

Apr 19, 2021

When Disclosure Is the Better Part of Valor: Lessons From the AT&T Regulation FD Enforcement Action

The AT&T enforcement action shows the SEC continues to examine corporate strategies to influence securities analysts’ quarterly estimates.

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Supporting California AB 1192, the Uplifting Employers That Advance Job Quality Act

Doug Chia

Apr 15, 2021

Supporting California AB 1192, the Uplifting Employers That Advance Job Quality Act

Letter I submitted in support of California AB 1192, the Uplifting Employers That Advance Job Quality Act.

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When It's Your Turn to Speak, Here's What You Must Say

Doug Chia

Apr 13, 2021

When It's Your Turn to Speak, Here's What You Must Say

Stories about issuers’ placing strict substantive limits on presenting shareholder proposals at VSMs.

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Nell Minow Talks to Adam Bryant on "The CEO Test"

Doug Chia

Apr 1, 2021

Nell Minow Talks to Adam Bryant on "The CEO Test"

Re-post of an interview by Nell Minow with Adam Bryant on his book, "The CEO Test."

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Virtual Annual Meetings: 2021 Pre-Season Special!

Doug Chia

Mar 26, 2021

Virtual Annual Meetings: 2021 Pre-Season Special!

Here are reports from four VSMs I’ve attended to date: Visa, Apple, Disney, and AmerisourceBergen.

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Doug Chia

Jan 19, 2021

Defund the PACs!

Don't just press pause on corporate PACs. Defund them. Cancel them. No one will be worse off.

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Microsoft Corporation 2020 Virtual Annual Meeting

Doug Chia

Dec 16, 2020

Microsoft Corporation 2020 Virtual Annual Meeting

Microsoft leveraged technology and put the work in to produce a superb VSM.

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Doug Chia

Dec 8, 2020

Boards Beware: Accountability is Rising

Boards are facing new expectations and accountability as stakeholder capitalism gains steam.

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Notes from the Broadridge Financial Solutions 2020 Virtual Annual Meeting

Doug Chia

Nov 19, 2020

Notes from the Broadridge Financial Solutions 2020 Virtual Annual Meeting

Just as Al Gore didn’t invent the Internet, Broadridge didn’t invent the VSM, but they did create and develop the platform that became...

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