SEARCH BY...

SEARCH RESULTS

  • First Principles of Executive Pay: Setting Effective Performance Goals
    Issue: 2019 First Quarter
    By John Borneman
    Nearly all companies have the same philosophy for their executive compensation plans. The goal is to create incentives that drive the creation of value for shareholders and then align the pay for the executives with their performance against goals that will achieve this objective. While this id...
  • Designating Courts for Shareholder Lawsuits is on the Rise
    Issue: 2019 First Quarter
    By Doug Raymond
    Exclusive forum provisions, however, are under growing scrutiny.Requirements adopted to force suits against companies be filed only in certain courts, while a growing trend, face legal scrutiny depending on whether the case involves internal or external issues.Two recent examples should be on the bo...
  • Survival Guide: How Marcy Syms prepares for board meetings
    Issue: 2019 First Quarter
    By Directors and Boards
    Marcy Syms: Director, Rite Aid; Benco Dental; ERA Coalition; NPR Foundation; Women’s Forum of New YorkMarcy Syms goes into board meetings with one thing on her mind — profitability. Not only profitability for shareholders, but for all stakeholders. She considers this the difference between short...
  • 2019 Focus Areas for Boards
    Issue: 2019 First Quarter
    By Directors and Boards
    Time for reinvention, especially audit committees.Board agendas should continue to evolve in 2019. The game-changing implications of technology/digital innovation, scrutiny of corporate culture, growing demands to address environmental and social issues, and investor expectations for greater board e...
  • Becoming a Purposeful Board
    Issue: 2019 First Quarter
    By Dale E. Jones
    Improving the world improves corporations.When we think of inspirational words, we often think of those from great leaders: the Rev. Dr. Martin Luther King, Jr., Mahatma Gandhi, Mother Teresa, Winston Churchill. We don’t often think of contemporary corporate titans, whom we assume are too busy thi...
  • My Board Journey: JULIANA CHUGG, Director, Caesars Entertainment Corp. and VF Corp
    Issue: 2019 First Quarter
    By Eve Tahmincioglu
    What was the process that led you to join Caesars Entertainment’s board? Did you know people in management or on the board?I was recruited via an executive search firm that consisted of an initial screening via the search firm followed by interviews with each member of the nominating committee, an...
  • The Character of the Corporation: It’s a Wonderful Life — for Cats
    Issue: 2019 First Quarter
    By Eve Tahmincioglu
    In the midst of a housing crisis in Silicon Valley, two cats named Tina and Louise are living large in an apartment costing $1,500 a month. It’s just the two felines living alone because their owner went to college and the student’s father opted to give the furry friends their own space.The Merc...
  • The Character of the Corporation: ESG ESG ESG
    Issue: 2019 First Quarter
    By Robert H. Rock
    Three letters are echoing throughout corporate boardrooms.SPECIAL REPORT:• The Character of the Corporation. (Intro) Delaware Supreme Court Chief Justice Leo Strine tells Directors & Boards that it is not “sustainable to have societies where large corporations do not have...
  • ESG Point/Counterpoint: Should environmental, social and governance reporting be standardized and mandated?
    Issue: 2019 First Quarter
    For: Time to bring corporate reporting into the 21st century.By Anne Simpson, Director, Board Governance & Strategy, CalPERS; Directors & Boards Editorial Advisory Board MemberWhat drives company value? What are the risks? Balancing these twin issues is at the heart of corporate reporting. A...
  • The Character of the Corporation: Stop Fighting ESG
    Issue: 2019 First Quarter
    By Marran Ogilvie and Evan Dunn
    Tips for becoming environmental, social & governance board leaders despite the lack of ESG clarity and standards.Companies, and the boards that run them, are in an ESG quandary.While funds and activists can set their social responsibility standards, the businesses they invest in are left to make...
  • The Character of the Corporation: How Can Boards Wrestle the ESG Agenda?
    Issue: 2019 First Quarter
    By Dave Young and Gerry Hansell
    Questions to ask the CEO.Boards must guide management to frame an agenda for the company to meet its most critical challenges. And that agenda shouldSPECIAL REPORT:• The Character of the Corporation. (Intro) Delaware Supreme Court Chief Justice Leo Strine tells Directors & Board...
  • The Character of the Corporation: To Figure Out the "S" in ESG, Look Within
    Issue: 2019 First Quarter
    By Eve Tahmincioglu
    Directors need to assess how their core business connects to society.SPECIAL REPORT:• The Character of the Corporation. (Intro) Delaware Supreme Court Chief Justice Leo Strine tells Directors & Boards that it is not “sustainable to have societies where large corporations ...
  • The Character of the Corporation: ESG Faces Tests of Staying Power, Especially With the Ghost of Milton Friedman in the Wings
    Issue: 2019 First Quarter
    By Maureen Milford
    Will a potential economic downturn, or the ghost of Milton Friedman, dampen the social-purpose movement?  For more than 30 years, the accepted religion of corporate boards, investors, economists and the courts have held that the foremost obligation of directors is to take actions that make...
  • The Character of the Corporation: Best Buy's Road to Gender Parity in the Boardroom
    Issue: 2019 First Quarter
    By Eve Tahmincioglu
    It’s not about tokenism, it’s about business strategy and doing the right thing.Kathy J. Higgins Victor was the lone woman on Best Buy’s board for six years, but after many frank board discussions about the value of diversity and the hiring of a new CEO in 2012 who was committed to a diverse C...
  • Director Data 1st Quarter 2019
    By Directors and Boards
    Read the report... Currently, few directors emphasize ESG issues as a significant board priority. In the National Association Corporate Director’s (NACD) 2018-2019 Public Company Governance Survey, just 28% report that it is important or very important to improve board oversight in this area....
  • The Character of the Corporation: The Story of "S"
    Issue: 2019 First Quarter
    By April Hall
    What does "social" in ESG encompass?Defining the “S” in ESG (environmental, social and governance) issues and responsibilities in corporate America seems to be a moving target.Even the U.S. Securities and Exchange Commission has no definition for “social” responsibilities, according to a spo...
  • The Character of the Corporation: ESG Is On Costco's Board Agenda
    Issue: 2019 First Quarter
    By Eve Tahmincioglu
    Chairman Hamilton E. “Tony” James discusses the company’s focus on environmental, social and governance (ESG) issues. When it comes to environmental, social and governance issues, Costco chairman Hamilton E. “Tony” James says most companies are playing catch up. ESG, he maintains, has...
  • The Character of the Corporation: Profit and Purpose
    By Indra Nooyi
    Indra Nooyi, former PepsiCo chairman, talks about balancing bottom line and societal success.  By Indra NooyiWhat are the essential attributes — the character — of a corporation? It’s a vital question, one that societies around the world have been pondering for centuries.During the Gilded...
  • Special Report: The Character of the Corporation
    Issue: 2019 First Quarter
    By Eve Tahmincioglu
    Is your company operating in a socially purposeful way?There is a growing movement to push corporations to take on a bigger role in addressing societal problems, from climate change to income inequality.That’s left many directors wondering what type of role and how big a role they should — or ev...
  • “Courageous” Boards Can Drive the Profit, People, Planet Agenda
    Issue: 2019 First Quarter
    By Eve Tahmincioglu
    Halla Tómasdóttir, CEO of Sir Richard Branson’s social purpose nonprofit The B Team, talks about the role directors need to play.The decades old notion that profit is the sole driver of corporations and directors need to only care about the bottom line is becoming an anachronism, maintains Halla...