Glass Lewis Blog

The Glass Lewis Blog is regularly updated with information of use to our institutional investor clients including our insights on major corporate governance news, replays of Proxy Talk conference calls, and the publication of new guidelines, season previews, season reviews and special reports.

Singapore Releases New Code of Corporate Governance

On August 6, the Monetary Authority of Singapore (“MAS”) announced the adoption of a new Code of Corporate Governance (the “Code”) along with the new Practice Guidance.  The new Code comes after MAS conducted a [...]

By |August 6, 2018|Blog|

SEC Proxy Roundtable to Look at Shareholder Proposals, Proxy Advisors, Universal Ballots and More

The health of the U.S. proxy system is about to get a check-up. On July 30, SEC chair Jay Clayton announced a roundtable to examine whether existing rules have kept pace with changes to the [...]

By |August 3, 2018|Blog|

Legislative Update: JOBS Act 3.0 Covers Quarterly Reporting, Insider Trading and Multi-Class Share Structures

With overwhelming bipartisan support, on July 17 the U.S. House of Representatives approved the JOBS and Investor Confidence Act of 2018 (S. 488), also known as the JOBS Act 3.0. It aims to jumpstart startups [...]

By |July 18, 2018|Blog|

Proxy Insider: July 18 M&A Special

Important highlights from upcoming meetings, provided by Glass Lewis' global research team The Walt Disney Company & Twenty-First Century Fox, Inc. New York Stock Exchange (DIS) & NASDAQ (FOXA) – June 27 Secular shifts in [...]

By |July 18, 2018|Blog|

Shorter, Sharper – and More Flexible? The New UK Corporate Governance Code

When the Financial Reporting Council (“FRC”) submitted a draft version of its new UK Corporate Governance Code for consultation in December 2017, they were so inundated with responses (275 individual responses and far in excess [...]

By |July 16, 2018|Blog|

Notes from the Road: Latin American Corporate Governance Roundtable

In mid-June, the Organisation for Economic Co-operation and Development (OECD) held its 2018 Latin American Corporate Governance Roundtable. Regulators, policy-makers, investors, market participants (and Glass Lewis) flew in from all over the region, and from [...]

By |July 11, 2018|Blog|

California Senate Votes for Board Gender Quotas

Gender diversity in California boardrooms is already best practice. It could soon become the law of the land, after the State Senate approved a bill that includes the first boardroom gender quotas in the United [...]

By |July 3, 2018|Blog|

Auditor Ratification in India: Are Shareholders Missing Out?

Recent changes to Indian law have resulted in a decreased number of auditor ratification (and audit fee ratification) proposals being submitted to shareholders during the 2018 proxy season – just as accounting scandals have shareholders [...]

By |July 2, 2018|Blog|

In France, A New Code for New Times

Last week AFEP, the French Association of Large Companies, and MEDEF, the Movement of the Enterprises of France, released an updated version of their corporate governance code, which is followed by virtually all large- and [...]

By |June 28, 2018|Blog|

Dual Class Share Structures Get the Green Light in Singapore

As announced on June 28, 2018, dual-class share structure (“DCS”) are now official permitted on the Singapore Exchange. SGX follows its regional rival, the Hong Kong Exchanges & Clearing Ltd., which launched DCS (or class weighted [...]

By |June 28, 2018|Blog|