Posts Tagged ‘shareholder activism’

SEC OKs Anti-Discrimination Proposal

proposal

Here’s a clever way for activists to force an awkward policy fight at a corporation: an asset management fund wants a California software firm to report on the risks of omitting gender identity and sexual orientation from its employment policies — and the Securities and Exchange Commission has ruled that yes, the company has to…

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Teamsters Blast Cardinal Health Compliance Efforts

compliance

The Teamsters’ Union is pressuring Cardinal Health to separate the CEO and board chairman  roles at the company—and cites large bonus pay to Cardinal’s top compliance officer as one sign of misgovernance. The Teamsters made their campaign public last week, with a letter to Cardinal investors urging them to support a shareholder proposal for an…

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