There’s a possible sea change brewing in how institutional investors make their voting decisions as some investors have been using AI tools to help them decide how to vote their holdings this proxy season. Glass Lewis and ISS themselves have…
I’ve blogged before about how the SEC has downsized its staff over the past year. Now we have a GAO report providing more details about that (for the fiscal year ending September 30, 2025). Here are seven things to know:…
Here’s a note from my good friend McKesson’s Jim Brashear: “Did you catch the recent Wall Street Journal piece on corporate jargon? “I Want to Vomit”: The Business Jargon You Hate the Most is a hilarious reminder of how biz-speak can alienate…
With the proxy season in full swing, it’s a good time to take stock on what is happening on a macro level:
1. Extent of Change Has Never Been Greater – Being in the journalism biz, I used to worry…
Here’s the key takeaways from this article penned by Glass Lewis’ Sarah Wenger:
U.S. investors increasingly expect board-level oversight and disclosure of AI governance, with most favoring formalized oversight structures and transparent reporting.
Among S&P 100 companies, just over half…
A few weeks ago, I blogged some preseason observations from ISS-Corporate – and now we have this report from Glass Lewis with a bunch of preseason notes. Here’s an excerpt:
“Proposal and Exclusion Request Volumes
Key Takeaway #1: The number…
Here’s an excerpt from this 17-page report from Glass Lewis previewing trends for this proxy season:
“Upward DiscretionTowards the end of the 2025 calendar year, there was a slight uptick in the number of companies exercising upward discretion, mainly under…
With AI penetrating many facets of our lives these days, it’s inevitable that it will influence the way you work. It might be through proprietary closed-loop AI services – or it might be through open source AI platforms.
Here are…
Here’s an excerpt from this Wilson Sonsini memo in the section entitled “The plaintiff’s lawyers are reading: dot your “i’s” and cross your “t’s” in your proxy statement”:
“We continue to see plaintiff’s lawyers reviewing preliminary and definitive proxy statements…
Here’s a summary of this report from ISS-Corporate about the key themes and trends for this proxy season so far:
The SEC’s overhaul of the shareholder proposal process in its November 17th statement has shifted power to companies, empowering them…
As the SEC looks to reform its disclosure requirements – using “materiality” as the North Star as SEC Chairman Paul Atkins recently noted in a speech – it got me thinking about the judicial interpretation of materiality harkening back to…
Many people are putting pen to paper in response to the SEC’s recent solicitation of comment about the entirety of Regulation S-K. SEC Chairman Paul Atkins delivered some related commentary on this project just yesterday. Here are the comments from…
Recently, I talked to CII’s Bob McCormick on Labrador’s “Proxy Disclosure Forum” about what investors want from proxy disclosure now. The key takeaways included:
Institutional Investors Still Care About Quality Disclosure: Despite recent SEC developments leading to fewer included shareholder…
Bearing in mind that the first institutional investor recently announced it has stopped using proxy advisors, check out this six-page recap of an investor survey from CII (also see these investor poll results) from last summer that reveals a bunch…
This Glass Lewis report is chock-full of charts and analysis about how investors are approaching climate issues these days, with the conclusion being: “Climate remains a key issue for many investors around the globe – but one that is increasingly…
