In Focus: The GMI Newsletter
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Issue 2008.3 - July 28, 2008 - Spotlight: Apollo Group - Responsible Investing Ratings: Mercer Monitors Managers' Merits - Money Talks: Executive Pay Policies under Review - Current Trends in Responsible Investing - Brazil: Corporate Governance and Economic Development - Hermes Helps Investors Cross Borders: Acting in Concert Project - What's in a Name? New Survey Studies ESG Terms - BOOK: A to Z of Corporate Social Responsibility - ICGN Project Promotes ESG Disclosure - The Seoul Initiative: Promoting the U.N. Global Compact - Jon Lukomnik Appointed to Direct the IRRCi - GMI's Scott Stokes Named Rising Star of Corporate Governance - Hedging Bets: Companies Take Measures against Activist Funds
Issue 2008.2 - May 21, 2008 - Spotlight: Majority Voting in the US - Samsung Hamstrung: Company Chairman Indicted - Leading the Pack: Foreign Shareholders Take Action in Germany - Avoiding the Next Credit Crunch: A Collaborative Approach - Take Me to Your Leader: Focus on CEO Succession Planning - Facebook: The Next Frontier of Investor Activism? - Some U.S Firms Saying "Nay" to Demands for "Say on Pay" - Money Talks: Using Executive Pay to Maximize TSR - Japanese Regulators Step up Enforcement - Nordic Shareholder Representatives Help Nominate Directors - Passed Expiration: Japanese Firms Phase out Poison Pills
Issue 2008.1 - February 25, 2008 - Imperial Energy: From Russia, With Risk - Corporate Governance: India's Cup of Tea - Samsung Group under Investigation - Norway Enacts Female Director Quotas - CSR in the News: The Red Campaign - Risk Management in the News: SocGen - Transparency and Shareholder Return - Wharton Initiative on Corporate Influence - Public Pension and LTRI
Issue 2007.6 - December 5, 2007 - Germany's Protectionist Stance Could Face Serious Challenges - AFLAC: No Delay to Say on Pay - Hershey Boardroom Bitters - ESG and Investment Returns - ESG and Emerging Markets - A Scandal at Samsung - China in the Boardroom - Re(de)signing the Social Contract - Boards as Strategic Assets
Issue 2007.5 - October 15, 2007 - Spotlight: Corporate Governance in Chile - Executive Pay in the US - French Resolutions - Carnegie Recall - Subsidiary Maneuvers - Banking Reforms in Germany - Foreign Rules - Still Battling Takeovers in Japan - Directors' Incentives - When Finance Triumphs Over Industry - Accountability-Central
Issue 2007.4 - July 24, 2007 - Spotlight: Samsung Electronics - GMI Named Leading Research Provider - ICGN Convenes in South Africa - Aspen Principles - Geneva Conventions - Say on Pay - Moody's Concerns - Option Litigation - Double Blogkeeping - EU Reforms - Parachutes Dorés - Fortress Japan - Trading Bad Governance - Pharma's Future
Issue 2007.3 - May 21, 2007- Governance in Emerging Markets - Australia Rules - Managing Mergers - A Market for Specials - Audit Spin - How Do Pension Funds Do ESG? - SarbOx Contrarians - Banning Bankers in Taiwan
Issue 2007.2 - April 2, 2007- Spotlight: Take-Two Interactive Software - Policy Revision at TIAA-CREF - European Survey on ESG - Online Guidance on Responsible Investment - State of the Debate in Canada - GMI and Innovest Share Ratings Data - Say on Pay - Proxy Access - Governance Wins in Brazil - Ten-Years-After: Reforms in South Korea - Standards Procedure - New Activism in Japan
Issue 2007.1 - February 12, 2007- SBA-FLA Annual Report- A New European Research Initiative- A Global Collaboration For Better ESG Research- Governance and Performance: A New Report from GMI- ThyssenKrupp Builds A Takeover Defense- Audit Fee Transparency in Japan- Japan's Outside Directors- Corporate Restructuring in Korea- Dual Class Stock Struggles- US Proxy Access- Lucky Directors- SBA- From CSR to CSI: Corporate Social Integration- Big 4 Retailers Connecting on Supply Chain Management
Issue 2006.6 - December 4, 2006- Hedging Incentive Remuneration in Australia- A Step Back for South Korea- Share Lending by Brokers and ICGN Policy Paper- Big 6 Auditors Make a Statement- The New Capitalists- Social Responsibility of the Investment Profession- The UN's Principles for Responsible Investment- A Case for Boardroom Diversity- Corporate Governance as an Investment Tool- New Home for GMI
Issue 2006.5 - September 25, 2006- Court Rules In Favor of Proxy Access- Stock Option Backdating Investigations Continue- Japan Tightens Rules for Internal Controls and Accounting Standards- Analyst Recommendations May Be Linked to CEO Succession- Activism In South Korea Gains Momentum- UK Business Group Lobbies for Faster Merger Reviews- Mutual Funds Lack Merger Activity Oversight- Ruling Protects Minority Shareholders in Brazil- IRRC Institute Names its First CEO- Japan to Increase Focus on Socially Responsible Investment- EU to Limit Governments' Defense Against Foreign Bidders- Sweden PM Proposes Ban on Pension Fund Support of Activists
Issue 2006.4 - August 1, 2006- Some Thoughts On "Short-Term Obsession"- Gains In Disclosure and Policies of Environmental and Social Issues- Governance Data An Indicator Of Earnings Performance in Australia- Japan Firm Launches Large- Company Activist Fund- Fewer Securities Class Actions Filed- Executive Compensation vs. Corporate Performance Debate Continues- Stock Option Backdating Updates- Option Grants Increase Despite Expensing- SEC Releases Rules On Compensation Disclosure- SEC Seeks to Reduce SOX Costs- Subsidizing Shareholder Activism Compromise- IASB Seeks To Harmonize Standards With FASB- EU Sues Over Golden Shares- More Japanese Companies Link Compensation With Performance- EU Governance Panel Advises Strengthening Voting Initiative
Issue 2006.3 - June 12, 2006- USS Proposes New Considerations for Investors- Anti- Takeover Developments in Europe and Japan- Wrigley Seeks Control Gain With Dividend Payout- Options Backdating Concerns- Tech Industry Reduces Option Grants- Some Limited Improvements in Asian Corporate Governance- Proposed Rule Would Require More Auditor Disclosure- Icahn Gains Board Seat in South Korea- Canadian Study Shows Gap Between CEO Pay and Performance- Japanese Shareholder Activist Arrested for Insider Trading
Issue 2006.2 - April 3, 2006- European Protectionism- Top Investors Partner With EAI- Survey of Directors Calls For SOX Changes- Sovereign vs. Relational- China To Adopt Global Accounting Code- Majority Voting Gains Momentum in U.S. and Canada- Governance Center To Be Launched at Stanford- Study Published on Representation of Women Directors and Executives- Survey of UK Funds Identifies Areas for Responsible Behavior- Italy Exchange Strengthens Governance Guidelines
Issue 2006.1 - February 6, 2006- Livedoor Thoughts- Florida SBA Publishes Governance Report- U.S. Stock Options to Become Income Line Item- SEC Announces Compensation Disclosure Enhancement- Hong Kong Shows Some Compensation Data Disclosure Improvement- Germany to Adopt 3% Disclosure Standard- Golden Shares in Japan and Europe- EU Creates Auditor Regulator Body- Insights on Failing Executive Compensation Practices- Henderson Investment Barely Avoids Takeover- EU Standardizes Shareholder Rights for Foreigners- China Securities Regulator Allows Stock Options- Coca-Cola Severances To Require Shareholder Approval- SEC Clarifies Accounting Fraud Penalties- Norway Sets Female Board Quota- Countries Enhance Governance Standards
Issue 2005.5 - December 5, 2005- Sovereign Bank's Moves Anger Shareholders- UK Bill to Implement Noteworthy Reforms- Auditor Engagement Letters in the US in the Spotlight- EU Takes on Italy to Dismantle Barriers to Mergers- Japan Restricts Golden Shares- SEC to Require Executive Compensation Disclosure Enhancement- New Study Considers Link Between "Wealth Leverage" and Company Performance- ICGN Launches Code of Best Practice on Stock Lending- ISO Moves Towards Defining Social Responsibility Standard- Japan Analysts Say Financial Disclosure Has Improved- Spain Removes Veto Power Over Privatized Companies- New Survey on Global World Risk- GMI Acknowledges Three Years of Governance Ratings
Issue 2005.4 - October 19, 2005- EU votes to implement SOX-like standards- EU takes on France and Italy over protectionist policies- F&C targets clawback provisions- Singapore banks required to separate CEO and chair positions- Japan considers requiring auditors to report malfeasance- Rising incidence of D&O prosecutions in Asia- Murdoch and News Corp face shareholder activism for reneging on corporate defense agreement- Majority voting is today's hot governance issue in the US- The Business Roundtable pushes petition to alter OBO rule- CII and CalSTRS identify underperformers- Mercer IC evaluates managers' focus on corporate governance and social issues- GMI looks at three years of governance ratings- Clinton holds conference addressing governance and climate change
Issue 2005.3 - June 9, 2005- Swedish Corporate Governance Code- Takeover Defenses in Japan- Disclosure of Related-Party Transactions in Spain- Executive Remuneration Laws Proposed in France and Germany- Corporate Governance and Stock Price Performance in Brazil- Bonus Clawback at Huntington Bancshares- Director Elections at Tidewater- Carl Icahn on the Record- Turnaround Tactician
Issue 2005.2 - April 25, 2005- Global Fund Manager Survey- CFA Institute's New Governance Manual- New Public Interest Oversight Board for the International Accountancy Profession- Governance and Tax Strategy- Clawback Provisions in the US- Compensation Trends and New Disclosure Requirements in the UK- Pension Fund Activity- New Disclosure Requirements and Poison Pills in Japan- Changes at Sony- Kanebo's Meltdown
Issue 2005.1 - January 17, 2005- Director Settlements at WorldCom and Enron- Indemnification Changes in the UK- Proposed Auditor Independence Rules from PCAOB- Governance Challenges at Korea's SK Group- Mylan Labs and King Pharmaceuticals- Stock Options at Adolph Coors- Industry and GMI Business Updates
Issue 2004.10 - November 29, 2004- Split Chairman and CEO Roles- Dutch Corporate Governance- Disclosure Issues in Japan- Enhanced Analytics Initiative- Managing Environmental Risks- Director Elections in the United States- New Strategies for New Markets
Issue 2004.9 - October 18, 2004- GMI Ratings: What's Happened Since?- GMI Red Flag Alerts- GMI Trial Accounts
Issue 2004.8 - October 4, 2004- Procter & Gamble- Molson Inc.- Co-Determination and Executive Pay in Germany- Australian Shareholder Rights- New research from the ISI Group and The World Bank
Issue 2004.7 - July 26, 2004- UNEP's Responsible Investment Initiative- French Reporting Guidelines- Federal Reserve Governor Speaks Out- Glass Lewis and Options Expensing- Director Compensation Trends- Lennar Corp. Board Changes- Tenet Healthcare's Former CEO
Issue 2004.6 - June 28, 2004- Ernst & Young- Japanese Intellectual Property Reports- The IRS and Executive Pay- ABB- Molson Inc.- UBS Accounting Quality Monitor
Issue 2004.5 - June 7, 2004- CalSTRS "Work Plan"- Massey Energy- Shurgard Storage Centers- Closer Look at Environmental Risk- Great Companies of America Fund
Issue 2004.4 - May 17, 2004- Google- Westfield Group- Toronto Stock Exchange- Recent trends in Succession Planning- Poison Pills- Staggered Boards- CEO Pay
Issue 2004.3 - April 19, 2004- Selected Highlights from GMI's Recent Ratings Release- McKinsey on Governance Reform- Shareholder Value Advisors on Pay-for-Performance
Issue 2004.2 - April 5, 2004- Safeway- Qwest- Intel- National Australia Bank- Volkswagen
Issue 2004.1 - March 4, 2004 - Walt Disney- Comcast- IBM- Adecco- Ericsson
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