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.

Kobe Steel: Scandal on the Rise in Japan, Trust on the Decline

A little over a month after the original story broke, Kobe Steel continues to make headlines for falsifying data on its products, and the problems continue to reach ever deeper. This scandal is just the latest in a long line to [...]

By |November 20, 2017|Blog|

Virtual-Only Meetings: Streamlining Costs or Cutting Shareholders Out?

In a fast-paced technological world, where efficiency and streamlining are often viewed as key drivers of success, it’s no surprise that companies have started to livestream their shareholder meetings and to allow investors to participate [...]

By |November 15, 2017|Blog|

German Companies Call for Greater Employee Share Participation

Despite the robust position that employees hold in the governance of German firms, occupying half of supervisory board seats, the country does not have the same record when it comes to share ownership.   That may [...]

By |November 10, 2017|Blog|
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Proxy Season Insider: November 9

Proxy Paper highlights you can’t afford to miss! Woolworths Limited Australian Securities Exchange – November 23 Corporate responsibility is the topic du jour at Woolworths' 2017 AGM. Not only have shareholders requisitioned two proposals, including [...]

By |November 9, 2017|Blog|

Brazil’s Novo Mercado Listing Rules Revised: Is It Enough?

Brazilian issuers, the São Paulo stock exchange, the Brazilian Securities and Exchange Commission (“CVM”) and Amec—the Brazilian Association of Capital Market Investors—have had a very busy year. To begin with, the long-awaited Instruction 561 was [...]

By |November 6, 2017|Blog|

UniCredit Responds to Shareholder Activism

It's a sign of the times as Italian companies adjust to shifts in ownership and regulation: on December 4th, UniCredit S.p.A. will convene an extraordinary meeting to consider proposals intended to simplify its ownership structure [...]

By |November 3, 2017|Blog|
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Brazil to Improve Regulations for Proxy Voting

In a bid to improve the market’s accessibility for foreign investors, the Brazilian Securities and Exchange Commission (“CVM”) is holding a public hearing for Brazilian issuers with the purpose of improving the regulations set through [...]

By |November 2, 2017|Blog, Regulatory Matters|
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Proxy Season Insider: November 2

Proxy Paper highlights you can’t afford to miss! Twenty-First Century Fox, Inc. NASDAQ – November 15 Already in the spotlight for a long-running harassment scandal, its pending acquisition of Sky plc, and board independence concerns, [...]

By |November 2, 2017|Blog|

Legislative Update: HR 4015 Puts Proxy Advisor Regulation Back on U.S. House Agenda

Regulation of proxy advisors is back on the U.S. legislative agenda. If enacted, the proposed rules could create delays to the delivery and threats to the independence of proxy research, with investors footing the bill. [...]

By |October 30, 2017|Blog|

Parker Review Issues UK Board Diversity Recommendations

Less than a year since its launch in November 2016, the Parker Review Committee’s “A report into the Ethnic Diversity of UK Boards” has been published following a consultation process. The report contains the committee’s [...]

By |October 26, 2017|Blog|