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reports from corporate governance land


Doug Chia
Oct 30, 2023
The Most Repulsive Shareholder Proposal Ever
This proposal marks a new low for the NLPC and the anti-ESG movement. It is deplorable in every sense of the word.
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Doug Chia
Dec 15, 2022
The Shareholder Poet
In what may be an annual meeting first, a shareholder proponent recited an original poem to present their proposal.
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Doug Chia
Dec 14, 2021
Staff Legal Bulletin 14L and the Significant Social Policy Exception: A Possible Solution?
Determining what is a "significant social policy issue" under Rule 14a-8(i)(7) desperately needs a multi-pronged test.
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Doug Chia
Dec 8, 2021
VSM Proposals: Soup and Crackers
The virtual shareholder meeting related proposal votes are in, and the results are interesting.
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Doug Chia
Dec 1, 2021
Staff Legal Bulletin 14L: No More Nexus
Shouldn’t there be a nexus between a shareholder proposal and the company at which it is filed? The answer to this question seems obvious.
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Doug Chia
Nov 10, 2021
(First in a Series of) Thoughts on Staff Legal Bulletin No. 14L
The term “significant policy issue” doesn’t appear anywhere in Rule 14a-8. So, where does this exception come from?
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Doug Chia
Oct 4, 2021
Update on VSM-Related Proposals
The SEC staff has posted the letter it sent to Brinker International regarding The Humane Society's VSM shareholder proposal.
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Doug Chia
Sep 28, 2021
The Virtual Annual Meeting Shareholder Proposals!
The SEC staff appears to have flipped the script on shareholder proposals about virtual shareholder meetings.
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Doug Chia
Apr 13, 2021
When It's Your Turn to Speak, Here's What You Must Say
Stories about issuers’ placing strict substantive limits on presenting shareholder proposals at VSMs.
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Doug Chia
Apr 28, 2020
Notes from the Wells Fargo 2020 (Virtual) Annual Meeting
Over the next few weeks, I'll be posting notes from a number of virtual annual meetings. Today, it was Wells Fargo & Company.
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