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reports from corporate governance land


(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?
Doug Chia
Nov 10, 2021
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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.
Doug Chia
Oct 19, 2021
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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.
Doug Chia
Oct 4, 2021
1 comment

The Virtual Annual Meeting Shareholder Proposals!
The SEC staff appears to have flipped the script on shareholder proposals about virtual shareholder meetings.
Doug Chia
Sep 28, 2021
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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.
Doug Chia
Aug 26, 2021
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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.
Doug Chia
Aug 25, 2021
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"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.
Doug Chia
Jul 24, 2021
1 comment


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.
Doug Chia
Jun 23, 2021
1 comment


If An Annual Meeting Takes Place In the Woods…
How virtual can a virtual shareholder meeting be and still be called a meeting?
Doug Chia
Jun 21, 2021
2 comments

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.
Doug Chia
May 28, 2021
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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).
Doug Chia
Apr 21, 2021
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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.
Doug Chia
Apr 19, 2021
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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.
Doug Chia
Apr 15, 2021
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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.
Doug Chia
Apr 13, 2021
1 comment


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."
Doug Chia
Apr 1, 2021
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Virtual Annual Meetings: 2021 Pre-Season Special!
Here are reports from four VSMs I’ve attended to date: Visa, Apple, Disney, and AmerisourceBergen.
Doug Chia
Mar 26, 2021
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Defund the PACs!
Don't just press pause on corporate PACs. Defund them. Cancel them. No one will be worse off.
Doug Chia
Jan 19, 2021
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Microsoft Corporation 2020 Virtual Annual Meeting
Microsoft leveraged technology and put the work in to produce a superb VSM.
Doug Chia
Dec 16, 2020
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Boards Beware: Accountability is Rising
Boards are facing new expectations and accountability as stakeholder capitalism gains steam.
Doug Chia
Dec 8, 2020
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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...
Doug Chia
Nov 19, 2020
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