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Shareholder Voting Trends (2018-2022)

Harvard Corporate Governance

The success of many shareholder proposals on civil rights or racial equity audits. This commentary offers insights for what may lie ahead in the following areas: The continued increase in the number of shareholder proposals related to social and environmental policies of the company.

Equity 334
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2022 Proxy Season Review: Say-on-Pay and Equity Compensation Plan Voting

Harvard Corporate Governance

ISS Say-on-Pay and Equity Compensation Plan Voting. The number of failed say-on-pay votes has increased meaningfully since 2018. Among the S&P 500, the number of failed votes has more than doubled since 2018 (18 in 2022 compared to seven in 2018), while the number among the Russell 3000 has increased from 54 in 2018 to 64 in 2022.

Equity 240
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The Corporate Calendar and the Timing of Share Repurchases and Equity Compensation

Harvard Corporate Governance

Wang (discussed on the Forum here ); and Share Repurchases, Equity Issuances, and the Optimal Design of Executive Pay by Jesse M. In 2018, SEC Commissioner Robert J. 2013 ) and specifically the CEO ( Moore, 2020 ) are more likely to sell equity when firms buy back stock. Fried and Charles C.Y. Jackson Jr. more…).

Equity 261
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Do Equity Markets Care About Income Inequality? Evidence from Pay Ratio Disclosure

Harvard Corporate Governance

Understanding equity markets’ assessment of income inequality is important because equity markets allocate capital and send valuation signals to firms, informing and possibly shaping corporate policies that contribute to or mitigate income inequality. However, it is largely unknown how U.S.

Equity 225
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Chancery Invalidates Elon Musk’s $55.8 Billion Equity Compensation Package

Harvard Corporate Governance

1] The plaintiff-stockholders alleged that Tesla’s directors breached their fiduciary duties by awarding Musk performance-based stock options in January 2018 with a potential $55.8 A February 8, 2018 proxy statement (the “Proxy”) notified stockholders of a vote on the Grant, which was held on March 21, 2018. Tornetta et al.

Equity 225
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Private Equity Negotiations

Reynolds Holding

For most of its history, the private equity industry was largely left alone by securities regulators. A basic assumption underlying this approach was that private equity fund investors are sophisticated and should therefore be able to engage in effective private ordering without outside assistance. 2013; Andonov et al.

Equity 59
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DBS Equity Capital Markets Head Art Karoonyavanich On A Decade Of Growth

Global Finance

A 10-year veteran at DBS Bank, Karoonyavanich recently expanded his role to cover all Equity Capital Markets business for the bank globally when the firm merged its equities, fixed income and brokerage businesses to form a new Investment Banking unit. In 2017 and 2018, we saw China continue to open up. in the same period.

Equity 111