1. Articles in category: BoardNews

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    1. China Hydroelectric Corporation Issues A Third Letter to Its Shareholders Concerning Recent Actions by a Minority ...

      NEW YORK, Sept. 13, 2012 /PRNewswire-FirstCall/ -- The Board of Directors of China Hydroelectric Corporation (NYSE: CHC, CHCWS) (the "Company"), an owner, developer and operator of small hydroelectric power projects in the People's Republic of China, today announced that it has issued the...

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    2. OSFI Releases Draft Revised Corporate Governance Guidelines: The Ongoing

      On August 7, 2012, the Office of the Superintendent of Financial Institutions (OSFI) released for public comment draft revisions to its Guideline on Corporate Governance (Draft Guideline) for Federally-Regulated Financial Institutions (FRFIs).  A copy of the Draft Guideline can be accessed here. Industry participants wishing to comment must do so by September 14, 2012. Background Since the financial crisis, corporate governance has become an increased area of focus for regulators in the financia

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    3. PwC study finds corporate directors pursue change and drive to accelerate

      progress, but challenges persist By PwC US PwC US Last modified: 2012-09-12T20:25:59Z Published: Wednesday, Sep. 12, 2012 - 1:25 pm Copyright 2012 . All rights reserved. This material may not be published, broadcast, rewritten or redistributed. NEW YORK, Sept. 12, 2012 -- NEW YORK, Sept. 12, 2012 /PRNewswire/ -- Significant changes in corporate governance are impacting boardroom dynamics, compelling directors to

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    4. Electrical retailer Darty faces shareholder rebellion

      Electrical retailer Darty faces shareholder rebellion

      Company faces showdown with investors after admitting mistake over way it disclosed bonus for chief executive One of the year's biggest shareholder rebellions over boardroom pay could be on the cards at the electrical retailer Darty, which has admitted to a mistake over the way it disclosed a bonus for its chief executive. Darty faces a showdown with investors after its acknowledgement that an ...

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    5. Investing in Good Governance

      Investing in Good Governance

      By LUCIAN A. BEBCHUK The Rules columnist says that by 2001, the stock market seems to have learned to price how good-governance and poor-governance companies. Beth A. Keiser/Associated PressThe Rules columnist says that by 2001, the stock market seems to have learned to price how good-governance and poor-governance companies. Can investors generally beat the market by concentrating their portfolios on companies that practice good corporate governance? There

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    6. Directors more prepared to address shareholders' concerns

      Directors more prepared to address shareholders' concerns

      SINGAPORE: Shareholders are now more vocal at shareholders' meetings and airing their views at various platforms. This "new normal" has made it necessary for directors to be more prepared to address shareholders' concerns. This latest happening and the need to streamline the director's duties were among issues tackled during the Directors' Conference organised by the Singapore Institute of Directors (SID) on Wednesday. Much is taking place in Singapore's corporate governance landscape. Apart fro

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    7. Welcome 'Lakshmi' @work: Govt

      Ads by Google Share | Print Agencies : New Delhi, Wed Sep 12 2012, 15:49 hrs Hire woman Corporate Affairs Minister Veerappa Moily today pitched for better gender diversity in corporate India while citing studies that say firms with greater women participation at board levels perform better financially. "Diversity of the board contributes to the success of the company...Gender diversity is not just the right thing to do but also the bright thing to do,"" Moily

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    8. Savitr Capital Comments on Report from Glass Lewis

      TORONTO--(BUSINESS WIRE)--Savitr Capital, LLC (“Savitr”), a significant shareholder of Western Wind Energy Corp. (TSX Venture Exchange: WND) (OTCQX: WNDEF) (“Western Wind” or “the Company”), today responded to the report issued by Glass, Lewis & Co., LLC (“Glass Lewis”) regarding Savitr’s proposal to elect five new independent Board nominees (the “Savitr Nominees”) at the annual general meeting ...

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    9. Asian hedge funds need to rise to corporate governance challenge

      The topic of fund governance is moving quickly to the top of the agenda for investors in hedge funds. Institutional investors, now representing over 60% of the global hedge fund asset base, are in the driving seat when it comes to governance standards in alternative investment funds. In the wake of the 2008 financial crisis, they are asking managers to provide evidence that independent directors have been appointed to offshore fund boards, and that these directors are truly independent. As the A

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    10. Navistar takes umbrage at letter from Carl Icahn

      Navistar International Corp. fired back Monday at billionaire investor Carl Icahn after he made public a letter calling Navistar a poster child for abysmal business decisions and poor corporate governance and demanding four board seats for the company's largest shareholders. "(A)fter a year of dialogue, we are extremely disappointed that Mr. Icahn has chosen to pursue his unproductive tactics of threats, attacks, and disruption rather than continuing constructive engagement, particularly at this

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    11. Corpedia and Corporate Board Member Partner to Offer More Robust Governance Oversight Solutions

      NEW YORK--(BUSINESS WIRE)--Corpedia and Corporate Board Member, both NYSE Euronext companies, announce a partnership to provide corporate directors, chief compliance officers, general counsel, and executives with a robust, integrated suite of governance oversight solutions. The suite features director education resources and online training in key risk areas, comparative tools, and research and ...

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    12. Murdoch's reformation stops with governance

      By Jeffrey Goldfarb The author is a Reuters Breakingviews columnist. The opinions expressed are his own. The reformation of Rupert Murdoch looks to have reached its limit. The 81-year-old media mogul has moved to sensibly deploy capital and break up News Corp as part of a big turnaround since a British phone-hacking scandal rocked his empire. But two new board nominees look like the old Murdoch at work. Investors shouldn’t be so quick to forget the havoc an unconstrained emperor can wreak. Poor

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