Proxy Voting | Management
Proxy advisory firm ISS updated its proxy voting guidelines last fall to introduce a more detailed approach to the recommendations it makes on companies’ equity plans and shareholder proposals for an independent chairman. The changes could create uncertainty for companies during this year’s proxy season.
Shareholder Activism | Management
Shareholder activism—when investors in a company use their equity as a lever to pressure management—is booming and will grow dramatically on both sides of the Atlantic through mid-2016
Canada & China | Capital Markets
Canada and China have agreed to support the increased use of renminbi in trade, commerce and investment between the two countries.
Corporate Tax | Management
Approximately 500 American companies operate in Argentina—but on November 3 that number abruptly decreased by one as the country’s tax authority, the Administración Federal de Ingresos Públicos (AFIP) revoked the company’s registration, accusing P&G of tax and accounting fraud.
Newsmakers | United States
HP CEO Meg Whitman’s volte-face announcement to split the company in two has drawn a lot of speculation about, and criticism of, the motives behind the decision.