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.

Tug-of-war over Oslo Børs could reframe Nordic governance

Oslo Børs is the last independent stock exchange in the Nordics, owned by several institutional investors since its privatisation in 2001. However, this might be about to change, as a bidding war has emerged between [...]

By |February 14, 2019|Blog|

Glass Lewis Submission of Public Comments on Dutch ‘Thinking Period’ Consultation

Glass Lewis has submitted a response to the Dutch consultation, which ended on February 7, 2019, on a legislative proposal to implement a 250-day bedenktijd ('thinking period'). The proposal would implement a 250-day thinking period [...]

By |February 11, 2019|Blog, Regulatory Matters|

CGI Glass Lewis: Initial Response to Royal Commission Final Report

Earlier this week the Final Report of the Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (“the Royal Commission”) was released to the public. Responses from financial institutions, regulators and [...]

By |February 7, 2019|Blog, Regulatory Matters|

Glass Lewis Submission of Public Comments on German Corporate Governance Code Consultation

The German Corporate Governance Code has just come to the end of a consultation phase, with market participants being invited to provide feedback on a large number of proposed amendments. The consultation may result in [...]

By |February 1, 2019|Blog, Regulatory Matters|

Santander CEO Succession Saga Highlights Cost of Deferred Compensation

Last week’s announcement that Andrea Orcel would not be Banco Santander’s next Group CEO came as something of a shock, not least for the reason why: the cost. When the appointment was initially announced back [...]

By |January 29, 2019|Blog|

Audit conference highlights uncertainty in Poland

The past year has been a rough one by most accounts – not least for Polish accountants. New regulatory requirements have upended the market, which is under the shadow of an ethical crisis following the [...]

By |January 21, 2019|Blog|

Debenhams: Chair and CEO ousted from board following dust up with Sports Direct

Following its AGM on January 10, 2019 Debenhams plc announced quite the bombshell: board chair Sir Ian Cheshire and CEO Sergio Bucher had received majority against votes of 56.62% & 55.85%, respectively – enough to [...]

By |January 16, 2019|Blog|

2019 Shareholder Activism Summit Returns to NY

Returning to New York on January 25th, the third annual 2019 Shareholder Activism Summit brings together activists, board directors and corporate management to discuss the state of play in activist engagement and what to expect in the [...]

By |January 14, 2019|Blog, Events|

Bloomberg “The Year Ahead”: Japan’s New Corporate Governance Champions

For the first time Bloomberg recently brought its "The Year Ahead" event to Tokyo, Japan. One of the panels focused on the state and future of corporate governance in Japan, and featured Glass Lewis CEO [...]

By |December 13, 2018|Blog|

Washington Update – Proxy Process Focus Continues

Following the SEC Proxy Roundtable last month, the Senate Committee on Banking, Housing, and Urban Development held a hearing on Proxy Process and Rules: Examining Current Practices and Potential Changes. The December 6th hearing allowed [...]

By |December 7, 2018|Blog, Regulatory Matters|