On Friday, the SEC approved Nasdaq listing rules related to board diversity. The new Board Diversity Rule establishes diversity objectives for different classes of Nasdaq-listed companies and related disclosure requirements....more
8/10/2021
/ Board of Directors ,
Corporate Governance ,
Disclosure Requirements ,
Diversity and Inclusion Standards (D&I) ,
LGBTQ ,
Listing Standards ,
Minorities ,
Nasdaq ,
Proposed Rules ,
Publicly-Traded Companies ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Woman Board Members
Following this summer’s much publicized decision by the Delaware Supreme Court in the Marchand v. Barnhill (Blue Bell Creameries) case, the Delaware Court of Chancery’s holding in In re Clovis Oncology, Inc. Derivative...more
10/29/2019
/ Blue Bell Creameries ,
Board of Directors ,
Breach of Duty ,
Caremark claim ,
Clinical Trials ,
Corporate Counsel ,
Corporate Governance ,
DE Supreme Court ,
Derivative Suit ,
Food and Drug Administration (FDA) ,
Investigational New Drug Application (IND) ,
Oversight Duties ,
Pharmaceutical Industry ,
Popular
The Delaware Supreme Court recently sounded a warning bell for directors, reminding that as part of their duty of loyalty, they “must make a good faith effort to implement an oversight system and then monitor it.” The case...more
Directors, corporate secretaries and company counsel must be mindful of good corporate housekeeping practices involving the maintenance of corporate books and records. Earlier this year, a handful of Delaware court opinions...more
5/23/2019
/ Board of Directors ,
Books & Records ,
Corporate Governance ,
Corporate Officers ,
Delaware General Corporation Law ,
Electronic Communications ,
Email ,
Inspection Rights ,
Institutional Investors ,
Section 220 Request ,
Shareholder Rights ,
Text Messages
Earlier this week, proxy advisory firm Institutional Shareholder Services Inc. (ISS) launched its Annual Policy Survey, which solicits responses from institutional investors, companies, corporate directors and other market...more
8/1/2018
/ Audit Committee ,
Audit Policies ,
Auditors ,
Board of Directors ,
Corporate Governance ,
Diversity ,
Individual Accountability ,
Institutional Shareholder Services (ISS) ,
Investors ,
Pay-for-Performance ,
Proxy Season ,
Proxy Voting Guidelines ,
Shareholders ,
Stock Ownership ,
Surveys
Cybersecurity continues to emerge as a key risk that is attracting the attention of regulators and boards of directors. Companies take different approaches regarding how the board fulfills its oversight duty with respect to...more
In February, KPMG released its 2015 Global Audit Committee Survey, which reports on audit committee activities based on survey responses from 1,500 audit committee members across 35 countries....more