In March, Glass Lewis noted that everything is affected by the coronavirus and outlined our approach to governance issues in the context of the pandemic. The emergence of COVID-19 as the trigger for a global [...]
On June 26, 2020 the Spanish National Securities Market Commission (Comisión Nacional del Mercado de Valores or “CNMV”) published some amendments to the Spanish Good Governance Code of Listed Companies (the “Code”). CNMV outlined four [...]
Issuers aren’t the only ones feeling the heat over executive pay. Investors have been coming under greater levels of pressure in their oversight roles when it comes to remuneration proposals, leading several to take a [...]
Guerdon Associates and CGI Glass Lewis held their twelfth annual Governance and Remuneration Forum in Sydney on 7 March and Perth on 12 March. Whereas the 2017 Forum was the product of the breakdown of [...]
Long-term incentives out, employee representatives in? The UK Parliament's Business, Energy and Industrial Strategy Committee has included some notable recommendations in its report on an inquiry into corporate governance focused on executive pay, directors duties, [...]
Glass Lewis assesses U.S. equity-based compensation plans in the context of potential equity value creation, utilizing an in-house model that evaluates plans based on three categories: program size and granting history; program cost; and program [...]
The increasing spotlight on executive compensation shows no sign of abating, with the topic remaining a hot-button issue for shareholders and the general public alike, leading to critical headlines and political exhortations across the globe. Indeed, [...]
Government-backed reviews have called for greater diversity at both board and senior management levels at FTSE 350 companies. The Hampton-Alexander Review has reiterated the call made by its predecessor, the Davies Review, for FTSE 350 [...]
France’s legislative bodies have been debating the introduction of stricter say-on-pay rules for a the past few months (see blog post), but last Tuesday the final text of the amendment emerged (Amendment 161); its final [...]
Last week, a six-agency brain trust of regulators released a draft of rules to implement section 956 of the Dodd-Frank Act, covering incentive-based pay arrangements that could encourage risk or excessive pay among financial institutions. [...]