1. Articles in category: BoardNews

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    1. Quality Systems, Inc. Sends Letter to Shareholders Detailing Proxy Governance

      Firms Recommendations ISS, Glass-Lewis and Egan-Jones All Recommend QSI Shareholders Vote White Proxy Card August 06, 2012 07:03 AM Eastern Daylight Time IRVINE, Calif.--(BUSINESS WIRE)--Quality Systems, Inc. (NASDAQ:QSII) announced today that it has sent a letter to all shareholders ahead of the upcoming annual meeting of shareholders on August 16, 2012. In the letter, QSI provides details on the recommendations of t

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    2. Corporate Governance and the Old Boys' Network

      RESEARCH: When BTR acquired Thomas Tilling in 1983 it was the largest hostile takeover in British history.  Within weeks Tilling’s CEO, the late Sir Patrick Meaney, re-emerged from this corporate disaster to become Chairman of The Rank Organization, a job he combined with Deputy Chairmanships of The Midland Bank, and the Horserace Betting Levy Board, and Chairman of Mecca Leisure. Twenty years on, in the age of the Corporate Governance Code, does this sort of thing still go on?  In a recent pape

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    3. CalSTRS 2012 Proxy Season Successful in Advancing Majority Voting

      WEST SACRAMENTO, Calif.--(BUSINESS WIRE)--CalSTRS, the California State Teachers' Retirement System, reports overwhelming success regarding adopting a majority voting standard in director elections with the 95 companies engaged in the 2012 proxy season. Eighty-two of those companies adopted a majority voting standard. The majority voting standard requires that a sitting board member receive a ...

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    4. Calata trade probe: A pro-investor move?

      Calata trade probe: A pro-investor move?

      MANILA, Philippines - Following corporate governance concerns in the past years, key reforms implemented by the Philippine Stock Exchange (PSE) to boost investor protection are starting to bear fruit. Regulators are investigating trading in a newly listed firm, whose share price spiked over threefold two weeks after its market debut. And unlike in the past, one factor is absent in this probe: conflict of interest. The Securities and Exchange Commission (SEC) confirmed in a text message to report

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    5. Frontier Acquisition Corp. Announces Proposed Qualifying Transaction Comprised of the Acquisition of the Tuccaro Group ...

      CALGARY, Aug. 1, 2012 /CNW/ - Frontier Acquisition Corp. (TSX-V: FFF.P) (the "Corporation" or "Frontier") is pleased to announce that on August 1, 2012 it entered into a definitive arms-length agreement (the "Agreement") with Tuccaro Inc. ("Tuccaro"), Neegan Development Corporation...

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    6. GMI Ratings Releases Research Findings on Gender Diversity on U.S. Boards of Directors

      NEW YORK--(BUSINESS WIRE)--GMI Ratings, the leading provider of research on environmental, social, governance and accounting-related risks affecting the performance of public companies, released today its third study this year of gender diversity on corporate boards of directors. The current study provides a comprehensive quantitative state-by-state analysis of gender diversity on the boards of ...

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    7. GMI Ratings Update | Duke Energy Corporation

      GMI Ratings Update | Duke Energy Corporation

      A Friday SEC filing saw the resignation of two more Duke Energy Corp. (DUK) directors, the latest development since a surprising board coup led to the July 2nd removal of CEO Bill Johnson. The retirees, John D. Baker II and Theresa M. Stone, were legacy Progress Energy directors, and each was candid about recent developments as they left. In addition to suggesting a change a leadership, Mr. Baker added that actions by Duke’s board members “have revealed serious issues in Duke’s corporate governa

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    8. 10 years later: Sarbanes-Oxley Act Continues to Shape Board Governance

      The percentage of independent directors on S&P 500 boards has increased from 79 percent in 2002 to 84 percent in 2012. In 2002, the CEO was the only non-independent director on 31 percent of S&P 500 boards compared with 59 percent of boards today. In 2002, one-quarter of S&P 500 boards separated the chairman and CEO roles, compared with 43 percent in 2012. Meanwhile, 23 percent of S&P 500 boards in 2012 have a nonexecutive chairman who is truly independent, an increase from 13 percent in 2007. F

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      Mentions: Board Governance
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