Proxy Talk Replays from 10/24 – 11/2 Now Available
If you missed the live Proxy Talks on October 31 and the two on November 2nd, they are now available for digital download!
October 24th Dangers of Black Scholes
Corporate chairman Steven Sharp discusses what he perceives as the danger of applying the Black Scholes valuation method to employee stock options and dilution calculations. Mr. Sharp believes that the Black Scholes valuation method creates a false value of equities and that it was not intended to be accurate for option terms measured in years. Mr. Sharp will discuss his view of the problems of using Black Scholes to value employee options and how using options compares to granting restricted stock units.
October 31st Corporate Political Contributions Disclosure
Glass Lewis discusses the disclosure of corporate political contributions with representatives of the Center for Political Accountability (CPA). While a growing number of US companies have increased their disclosure of political contributions, many shareholders continue to push for more disclosure, including through shareholder proposals. In fact, in 2012 there were more shareholder proposals relating to corporate political activity than any other single issue.
November 2nd GetUp! to Discuss Woolworths Poker Machine Shareholders’ Motion
Conference call with Dr Charles Livingstone, Monash University, GetUp Campaigns Director, Mr Paul Oosting and GetUp Senior Campaigner, Carl Harris to discuss a shareholders motion relating to the gambling interests of Woolworths Limited. GetUp is an independent movement to build a progressive Australia. GetUp brings together like-minded people who want to bring participation back into our democracy. GetUp has over 230,000 members nationwide – more than every Australian political party combined.
November 2nd Woolworths to Discuss its Recommendation that Shareholders Vote Against the GetUp Proposal being put to an Extraordinary General Meeting of the Company
Conference call with Woolworths Limited to discuss a proposal to be put to an Extraordinary General Meeting of the Company that will be held on 22 November 2012.
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