1. 1-24 of 66 1 2 3 »
    1. SEC Chief Defends Plan for ESG Disclosure Despite Republican Opposition

      SEC Chief Defends Plan for ESG Disclosure Despite Republican Opposition

      Views differ on what information is financially material for an investment, and it is the Securities and Exchange Commission’s job to draw this line, deciding what companies must disclose, and what they don’t have to. Over the years, the requirements have changed to include risk factors, executive compensation, and other new information. The latest debate is whether environmental, social and governance, or ESG, issues should be added to the list...

      Read Full Article
    2. Robinhood Founders Are Now Worth $2 Billion, but Huge Payouts Could Come Later

      Robinhood Founders Are Now Worth $2 Billion, but Huge Payouts Could Come Later

      Robinhood Markets ‘ board of directors cut the base salaries of its two founders Vlad Tenev and Baiju Bhatt to $34,248 from $400,000 in April, the median salary of a U.S. worker as of 2019. On the one hand, the decision fits with the company’s everyman image. But the two men are unlikely to miss the extra $366,000. The Robinhood (HOOD) IPO on Thursday made them worth $2.5 billion each, with more potential gains from stock awards ahead...

      Read Full Article
      Mentions: IPO Salary Board
    3. AMC Backs Off on Vote for More Stock Sales. Reddit Crowd Rejoices

      AMC Backs Off on Vote for More Stock Sales. Reddit Crowd Rejoices

      AMC Entertainment is walking back plans to ask shareholders to allow more stock sales. The meme stock’s retail investors on Reddit couldn’t be happier. On Tuesday, AMC CEO Adam Aron wrote on Twitter that he didn’t think there was enough support from shareholders to authorize the sale of 25 million shares as soon as 2022, despite his backing...

      Read Full Article
    4. Activist Investor Targets Videogame Maker After ‘Cyberpunk’ Fiasco

      Activist Investor Targets Videogame Maker After ‘Cyberpunk’ Fiasco

      The economics of a videogame publisher are a lot like a movie studio, where a blockbuster can make or break a company. Optimism was high for Warsaw-listed CD Projekt (ticker: CDR.Poland) ahead of the release of the Cyberpunk 2077 videogame, which features an actual Hollywood star, Keanu Reeves, and has been in development since 2012. But the release has been reminiscent more of Reeves flops such as Johnny Mnemonic than hits like The Matrix...

      Read Full Article
      Mentions: Bloomberg Sony Europe
    5. Neuberger Berman to Disclose Proxy Votes for 60-Plus Companies Ahead of Time

      Neuberger Berman to Disclose Proxy Votes for 60-Plus Companies Ahead of Time

      Investment manager Neuberger Berman will disclose ahead of time how it will vote its proxies for 60 or so companies before they hold their annual meetings. The move marks the second year that Neuberger is preannouncing its votes, both for and against corporate management, and explaining its voting rationale...

      Read Full Article
    6. Carl Icahn Discloses a Stake in Bausch Health Stock. What It Means.

      Carl Icahn Discloses a Stake in Bausch Health Stock. What It Means.

      Carl Icahn, billionaire activist investor, disclosed a stake in Bausch Health. Victor J. Blue/Bloomberg Bausch Health stock got an added boost Friday after billionaire investor Carl Icahn disclosed a 7.8% stake in the pharmaceutical and medical device company. Shares advanced more than 6% in early trading Friday, pushing the stock above a 13-month high. In a regulatory filing, Icahn said he believes Bausch (ticker: BHC) shares are “undervalued” and that he may seek seats on Bausch’s board...

      Read Full Article
    7. Dan Loeb Gives Intel Investors Reason to Hope in 2021

      Dan Loeb Gives Intel Investors Reason to Hope in 2021

      Third Point CEO Daniel Loeb David Paul Morris/Bloomberg After a tough year, Intel executives received one last 2020 surprise. It came in the form of a sharply worded letter this past week from activist investor Daniel Loeb. Loeb, CEO of hedge fund Third Point, laid out the need for change at the once pioneering chip maker...

      Read Full Article
    8. Future Returns: Corporate Governance Reforms in Japan Draw Investors

      Future Returns: Corporate Governance Reforms in Japan Draw Investors

      Japan is a country of contradictions. Its bullet trains, advanced robotics, and kiosk culture are a model of efficiency, but businesses still rely on paper documents and fax machines. It’s home to some of the most innovative companies in the world, and yet it is the poster child of sluggish growth and an aging population...

       

      Read Full Article
    9. Shareholders Tried to Combat Racial Inequality Through 48 Resolutions This Year. Here’s How Fund Companies Voted.

      Shareholders Tried to Combat Racial Inequality Through 48 Resolutions This Year. Here’s How Fund Companies Voted.

      Investors have been using shareholder resolutions to voice concerns and shape corporate practices to combat racial injustice. Fund companies, with their huge assets and meaningful stakes, can leverage their proxy votes to support these changes. Still, some are more supportive than others...

      Read Full Article
    10. Twitter Stock Jumps After Board Stands Behind Jack Dorsey

      Twitter Stock Jumps After Board Stands Behind Jack Dorsey

      Jack Dorsey, chief executive officer of Twitter. Cole Burston/Bloomberg Twitter said in a filing with the Securities and Exchange Commission late Monday that the company’s board of directors had reviewed CEO Jack Dorsey’s leadership and will allow him to remain as top boss. Shares of Twitter (ticker: TWTR) rose nearly 6% to $41.79 early afternoon Tuesday...

      Read Full Article
    1-24 of 66 1 2 3 »
  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content