The big vote at Aflac in 2008
- When 51% is not enough. // Finweek;12/7/2006, p32
The author reflects on the issues on the Shoprite buyout. He stated that the deal seems to have been structured deliberately to frustrate minority shareholders' rights, with the intention to make it conditional on only 51% vote. He also cited that in an event when the directors go along with the...
- Infoline. // NACD Directorship;Jul/Aug99, Vol. 25 Issue 7, p18
Presents news briefs on directorship-related issues worldwide as of July/August 1999. Update on shareholder rights plans; Shareholder voting guidelines from Great Britain; Rating of companies listed on major exchanges in Europe according to corporate governance standards.
- Factors Affecting the Value of the Stock Voting Right: Evidence from the Swiss Equity Market. Kunz, Roger M.; Angel, James J. // FM: The Journal of the Financial Management Association;Autumn96, Vol. 25 Issue 3, p7
Reports that Switzerland offers a natural setting for investigating factors affecting the value of the stock voting rights. Previous work on the value of corporate voting rights; Equity capital structure of Swiss companies; Data used in the study; Measurement of the premium in value of the...
- Business should act for all its stakeholders--before `the feds' do. Mahoney, Richard J. // NACD Directorship;Feb97, Vol. 23 Issue 2, p4
Focuses on the need for corporations to take heed of employee and other stakeholders' rights. Need to modify corporate behavior; Anger caused by executive stock-option gains; Broadening stock option participation.
- Double your pleasure. // Newsweek;5/9/1994, Vol. 123 Issue 19, p51
Describes the small bonuses for shareholders provided by many companies. Purchase of 100 shares of CML Group returns a ten percent discount on their NordicTrack exercise machines and Smith & Hawken garden equipment. What Wrigley gum offers.
- Dividend Policy, Shareholder Rights, and Corporate Governance. Jiraporn, Pornsit; Yixi Ning // Journal of Applied Finance;Fall/Winter2006, Vol. 16 Issue 2, p24
This study explores agency costs as a determinant of dividend policy. We examine how dividends are related to the strength of shareholder rights. The evidence reveals an inverse association between dividend payouts and shareholder rights, i.e. firms pay higher dividends when shareholder rights...
- Pfizer to Shareholders: 'We're Listening.'. McCafferty, Joseph // NACD Directorship;Sep2007, Vol. 33 Issue 4, p11
The article reports on the plans of the pharmaceutical company Pfizer to have a meeting between its board and institutional investors to discuss its corporate governance policies and practices, including those related to executive compensation, in 2007. According to the article, the company...
- A Reexamination of Corporate Governance and Equity Prices. Johnson, Shane A.; Moorman, Theodore C.; Sorescu, Sorin // Review of Financial Studies;Nov2009, Vol. 22 Issue 11, p4753
We reexamine long-term abnormal returns for portfolios sorted on governance characteristics. Firms with strong shareholder rights and firms with weak shareholder rights differ from the population of firms and from each other in how they cluster across industries. Using well-specified tests under...
- CIPD backs shareholder power. // People Management;5/29/2003, Vol. 9 Issue 11, p9
Deals with the support of the Chartered Institute of Personnel and Development on the rights of shareholders to control alleged boardroom pay excesses prior to government legislation. Speculations on the role of the British Department of Trade and Industry on the development of legislation for...