Council of Institutional Investors Urges Senate Banking Committee to Craft Strong Corporate Governance Provisions

by James Hamilton, CCH Financial Crisis News Center, at Wolters Kluwer, January 11, 2010.

As the Senate Banking Committee moves toward mark up of a financial reform bill, the Council of Institutional Investors urged the two senators working on corporate governance to produce strong provisions favoring shareholder access to the election of directors, as well as other measures such as clawbacks of executive pay. In an effort to report a bi-partisan bill out of committee, Chair Christopher Dodd has paired off Republican and Democratic Senators to work on different titles of the Restoring American Financial Stability Act. Senator Chuck Schumer (D-NY) and Senator Michael Crapo (R-Idaho) are working on the corporate governance title. The Council’s letter to Senators Schumer and Crapo was informed and drew upon a report of the Investors Working Group, which is co-chaired by former SEC Chairs William Donaldson and Arthur Levitt, and includes former CFTC Chair Brooksley Born…(continue reading)

Advertisements

0 Responses to “Council of Institutional Investors Urges Senate Banking Committee to Craft Strong Corporate Governance Provisions”



  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




Blog coordinator

Cefeidas Group

Archives

cgl-med-linked-in

cgl-med-linked-in
free counters

%d bloggers like this: