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    1. Diverse Director DataSource (3D) Opens for Business

      NEW YORK, Jul 19, 2012 (BUSINESS WIRE) -- The Diverse Director DataSource (3D), a new resource for finding untapped talent to serve on corporate boards, is now open for corporations, search firms and shareowners looking for diverse talent for corporate boards. The DataSource was officially announced today at the New York Stock Exchange by its founders -- the California Public Employees' Retirement System (CalPERS), the California State Teachers' Retirement System (CalSTRS), and GMI Ratings, an i

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    2. CalPERS, CalSTRS and GMI Ratings Will Hold a Media Briefing at NYSE to Introduce a New Tool Designed ...

      NEW YORK--(BUSINESS WIRE)--California Public Employees’ Retirement System (CalPERS), the California State Teachers’ Retirement System (CalSTRS) and GMI Ratings plan to hold a media briefing to unveil the Diverse Director DataSource (3D), a new resource for recruiting talent to serve on corporate boards. The event will start with brief presentations by representatives of the three partners on the ...

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    3. Zombie Directors Should Exit U.S. Boardrooms: Nell Minow

      Zombie Directors Should Exit U.S. Boardrooms: Nell Minow

      Zombie Directors Illustration by Rami Niemi By Nell Minow 2012-07-18T22:30:00Z When I testify before Congress about corporate governance, I like to watch the faces of the committee members when I explain the rules for electing corporate directors. “I know you, better than anyone else, understand what the word ‘election’ means,” I say. “Well, in the wacky world of public corporations, you win even if 99 percent of the shareholders vote

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    4. China Auto Logistics Names New Chief Operating Officer and Four New Directors

      TIANJIN, CHINA--(Marketwire - Jul 18, 2012) - China Auto Logistics Inc. (the "Company" or "CALI") ( NASDAQ : CALI ), one of China's leading developers of websites for buyers and sellers of imported and domestic automobiles, a top seller in China of imported luxury cars, and a leading provider of auto-related services, announced today that Mr. Jin Yan, 46, has been appointed Chief Operating ...

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      Mentions: Shareholders
    5. The End of Exorbitant CEO Exit Packages? Don't Hold Your Breath

      The End of Exorbitant CEO Exit Packages? Don't Hold Your Breath

      Multimillion-dollar severance packages paid to exiting CEOs routinely make news -- particularly when the leader's tenure was universally panned or when the firm was in major cost-cutting mode. Such payouts have become the norm among large firms, observers say, and they have withstood both public outcry and legislative action. But when stakeholders believe an exit package represents a true ...

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    6. The increasing influence of activist shareholders

      Jarrett Dieterle Legal Intern, Manhattan Institute's Center for Legal Policy Activist investors, such as the infamous "corporate gadflies," have existed in one form or another for many years. Recently, however, the activist shareholder movement has grown more professional and more influential, enabling activists to target larger companies. Gradual changes in corporate governance rules have made it easier for activist investors to gain more leverage in getting their own candidates placed on compa

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