Category Archives: Communication Strategy
Directors, Do You have a Shareholder Engagement Program?
With the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, power has shifted to shareholders. The 2011 proxy season is a game-changer as the rules require boards to seek shareholder support for compensation programs and even directorship candidates.
Directors, do you have a shareholder engagement program? Have you reviewed and assessed the board capacity for [...]
Dodd-Frank Reflects ‘New Normal’–”Boards Are the Problem”
“We’re seeing a sea-change in the environment of shareholder empowerment,” said Holly Gregory, Weil Gotshal partner and governance expert. “The Dodd-Frank bill accelerates a fundamental change, a new normal in the balance of governance power. “ She went on to note that the eighth anniversary of Sarbanes Oxley, enacted during the aftermath of WorldCom and [...]
McKinsey Study Confirms Board Concern in Handling Crisis
The McKinsey study that showed only half of the 186 directors who responded to their survey agreed that their boards met the demands of the crisis.
Such startling findings confirm that some directors are doing some soul searching.
