Glass Lewis Blog
The Glass Lewis Blog is regularly updated with information of use to our institutional investor clients including our insights on major corporate governance news, replays of Proxy Talk conference calls, and the publication of new guidelines, season previews, season reviews and special reports.
Controversy Alert Roundup – Stellantis N.V.
Executive compensation was already a lightning rod at Stellantis. With the multinational auto giant increasing its CEO’s pay opportunity by 50%, laying off thousands of workers in the wake of the UAW strike, and boosting [...]
UK’s QCA Governance Code Updates Cover Remuneration Votes, Board Structure and E&S Issues
The UK’s other corporate governance code has been updated, with new and amended provisions covering remuneration votes, board structure and environmental & social (E&S) issues, among other topics. On November 13, 2023, the Quoted Companies [...]
Controversy Alert Roundup – Rockwool A/S
More than two years into the invasion of Ukraine, Rockwool A/S continues to maintain production at its Russian factories. The past year has seen the mineral wool manufacturer blacklisted amidst new reporting on its involvement [...]
Why Are Accounting Errors on the Rise at U.S. Public Companies?
Financial reporting errors can create serious problems for public companies, their boards and their owners – and over the past several years, accounting concerns have been increasing amongst U.S. public companies. This puts audit committees, [...]
Controversy Alert Roundup – InMode Ltd.
InMode’s upcoming AGM sees the Israel-based, Nasdaq-traded medical device innovator undergoing its first board refreshment since its 2019 IPO, with the appointment of a new, ostensibly “independent” director. However, murky disclosure of cozy business relationships [...]
Navigating Pervasive Short-Termism and the Complexities of Shareholder Activism: Report from CGI Glass Lewis’ Remuneration & Governance Forum
The 18th Annual Remuneration & Governance Forum, co-hosted by Glass Lewis and Guerdon Associates, convened on the 27th of February 2024 in Sydney. This year's forum concentrated on examining the trends and outcomes of the [...]
Inflation Accounting Delays Reporting, Proxy Season in Türkiye
Mandatory market-wide accounting adjustments due to inflation appear to be delaying Turkish public companies’ 2024 annual general meetings, and may push proxy season back several months. However, financial institutions are controversially excluded from the accounting [...]
Closed-Door Meetings in Italy Threaten to Silence Shareholders
In Italian closed-door meetings, shareholders do not have the opportunity to participate directly. The format was introduced during the COVID-19 pandemic—but even though restrictions on other in-person gatherings have long since been removed, corporate issuers’ [...]
SEC Rules Set New Baseline for Corporate Climate Disclosures
Climate-related impacts like rising sea levels, massive fires and increasing emissions stand to put many companies at risk. However, the growing tide of regulations has the potential to lift all boats (or at least the [...]
Director Commitments Policies, Overboarding, and Board Refreshment
The increasing strain on directors’ time is a growing concern among institutional investors and shareholder advocates. External risks stemming from new technologies, environmental and societal changes, and destabilizing market conditions all demand greater attention and [...]
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