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The Quality of Earnings Information in Dual-Class Firms

Harvard Corporate Governance

When Google went public with a dual-class capital structure in which shares owned by the founders confer greater voting rights than shares issued to public investors, its cofounders, Larry Page and Sergey Brin, sent shareholders a letter promising to provide them with high-quality information about the company.

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Investment Stewardship Global Principles 2023

Harvard Corporate Governance

As part of our fiduciary duty to our clients, we consider it one of our responsibilities to promote sound corporate governance, as an informed, engaged shareholder on their behalf. Companies are responsible for ensuring they have appropriate governance structures to serve the interests of shareholders and other key stakeholders.

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North America Proxy Voting and Engagement Guidelines

Harvard Corporate Governance

State Street Global Advisors’ Proxy Voting and Engagement Guidelines for North America (United States [“US”] and Canada) address our market-specific approaches to topics including directors and boards, accounting and audit related issues, capital structure, reorganization and mergers, compensation, and other governance-related issues.

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Weekly Roundup: April 29-May 5, 2022

Harvard Corporate Governance

The Quality of Earnings Information in Dual-Class Firms. Tags: Information environment , Misconduct , SEC , SEC enforcement , Securities enforcement , Securities litigation , Transparency. Posted by Dov Solomon and Rimona Palas (Ramat Gan Law School), on Monday, May 2, 2022. Proposed SEC Rule on Private Fund Advisers.

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How the Automated Restructuring of Tokenized Securities Can Lower the Cost of Capital

Reynolds Holding

Since it is now possible to administer capital structures on the blockchain, opening them up to smart contract automation has become a reality. The tokenisation of traditional debt and equity securities is an important growth area and promises enhanced liquidity and access to capital for many smaller and medium sized enterprises.

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Weekly Roundup: January 26-February 1, 2024

Harvard Corporate Governance

Huber, Latham & Watkins LLP, on Tuesday, January 30, 2024 Tags: enforcement , ESG , Greenwashing , litigation , regulation , Stakeholders , Value chain Accounting Information and Risk Shifting with Asymmetrically Informed Creditors Posted by Tim Baldenius (Columbia University), Mingcherng Deng (City University of New York), and Jing Li (Hong Kong (..)

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What History Tells Us About the Value of Bankruptcy Directors

Reynolds Holding

The article’s main contribution is to examine the debate over bankruptcy directors through the lens of bankruptcy law’s historic struggles with conflicted corporate governance, informed by two recent cases that emphasize the need for a formal practice and show how my proposal could be applied.