On Governance: State Law Implementation of The New Paradigm
September 17 | Martin Lipton, Founding Partner, Wachtell, Lipton, Rosen & Katz | Ryan A. McLeod | Comments (0)
With, among other things, the embrace of corporate purpose, ESG, and long-term investment strategy by BlackRock, State Street and Vanguard; the adoption and promotion by the World Economic Forum of The New Paradigm; and the introduction of legislation by Senator Warren to achieve stakeholder corporate governance by way of mandatory federal incorporation, it is clear that we are at a new inflection point in the development of corporate governance.
On Governance: Government Relations Expanding Role in Cybersecurity Risk
September 10 | Bob Zukis, Advisor, Fusion LA, Senior Fellow, Governance Center | Comments (0)
Cybersecurity governance and the broader issues around digital governance are emergent competencies in the corporate boardroom. Being proactive and building a coordinated enterprise approach to these issues is a good starting point and GR has a key role to play.
On Governance: Tax Reform: IRS Issues Guidance on Section 162(m)
September 04 | Michael J. Albano | Mary Alcock, Counsel, Cleary Gottlieb Steen & Hamilton LLP | Caroline Hayday, Counsel, Cleary Gottlieb | Arthur H. Kohn, Partner, Cleary Gottlieb Steen & Hamilton LLP | Julia M. Rozenbilt | Comments (0)
Companies should carefully review the compensation arrangements of all individuals who were at any time serving as executive officers during the year and any proposed changes thereto in light of the new guidance in order to determine when the Section 162(m) deductibility limit may apply.
On Governance: Will Warren’s Accountable Capitalism Act Help? The answer is No.
August 30 | Denise Kuprionis, President, The Governance Solutions Group, Senior Fellow, Governance Center | Comments (0)
U.S. Sen. Elizabeth Warren has proposed legislation that would require all companies with more than $1 billion in annual revenue to secure a charter from a newly established Office of United States Corporations. It’s hard to think of a sillier idea.
Corporate Political Spending Initiative launched by Center for Political Accountability
August 27 | Governance Center | Comments (0)
Center for Political Accountability launched a new campaign on June 22 discussing corporate political spending. The report advises companies on maintaining public image and brand through political expenditures. The Conference Board’s Committee on Corporate Political Spending has more information on the topic, including three published reports.