Directors remain reluctant communicators.  For years they have operated from behind the closed doors of the boardroom. Yet, the failure of some of the country’s most iconic companies as well as the devastating losses in stock portfolios have made investors wary: what’s going on in the boardroom?

In an effort to restore trust in the financial system, SEC Chairman Mary Schapiro wants to increase transparency and the quality of disclosure along with shareholder access to proxy voting. Continue reading →