Washington, DC ― In a new report, “Compensation Complicity: Mutual Fund Proxy Voting and the Overpaid American CEO,” the American Federation of State, County and Municipal Employees (AFSCME), The Corporate Library and Shareowners.org analyzed mutual fund voting patterns on compensation issues in

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The socially responsible investment community views the shareholder resolution process as a vehicle for allowing investors to raise and debate issues that may eventually impinge on the corporate bottom line. However, a recent meeting with the staff of the Securities and Exchange Commission indicated that such a view is not necessarily shared by the SEC staff.



First, some legal background. Shareholders that hold over $2000 of shares in a company for over a year are entitled under SEC r… Continue

The Senate passed the financial reform bill today (Dodd-Frank Wall Street Reform and Consumer Protection Act) and sent it President Obama, who is expected to sign it into law in the next few days. ShareOwners.org and its members played an active role in pushing Congress to include in the legislation important new tools for investors to hold corporate boards and management accountable, inclu

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The SEC announced a record penalty for a Wall Street firm to Goldman Sachs over its business practices surrounding subprime mortgage investments. $250 million will be returned to harmed shareowners and $300 million will go to the US Treasury.

Shareowners suffer large net losses in cases like this, all the more reason to monitor companies to prevent these incidents from happening in the first place. I wish the SEC wou

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Take a look at this story from Pensions and Investments Online concerning Proxy Governance. They are considering a big change in their ownership model that would transform the company into a non-profit entity. The change would potentially allow individual owners to access the automated voting capabilities and company-level proxy research that larger institutions have, tools that now have been out of the reach of the individual investor and even some smaller institutional investors.

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