Datamaran’s Post

2024 United States Proxy Season Preview: Governance & Compensation In the U.S., many remaining SPACs turn ‘zombie’. Regulatory pressures and overall negative market sentiment have caused SPACs to be a less attractive option for private companies to reach the capital market. Hundreds of SPACs remain searching for a merger partner, with some repeatedly requesting shareholder approval to extend the maximum length of time to complete a transaction. High levels of redemptions of shares held by public investors mean that most remaining SPAC shares are held by the sponsor and leave little money in the trust account for use by the post-merger company. Meanwhile, the clawback rule will be in effect for the 2024 U.S. proxy season. The SEC approved clawback listing standards proposed by the NYSE and Nasdaq, and covered issuers had until December 1, 2023, to adopt a compliant clawback policy. Many of the largest US companies have already adopted compliant policies, although the rules also create new disclosure obligations. Read more key takeaways from the report at: https://lnkd.in/eQK8nUKW #CorporateGovernance #SPACs #UnitedStates

It's time to welcome 2023 attendees! The Modern Governance Summit started today! Are you ready to take your practices to the next level? Compliance is about to get a lot easier. We’re eager to see you and to share our insights. At a time of increased pressure from regulators, we’ll provide the clarity you need to onboard the tools, techniques and best practices that can help you meet and exceed growing expectations.   #ModernGovernance #MGS2023 #ModernGovernanceSummit

ATTN: Diligent has just launched @Diligent Market Intelligence: a new data and analytics resource for companies looking to drive better business strategy.   This new and exciting launch combines Diligent’s leading shareholder activism, voting and corporate governance data (formerly Insightia) with its ESG and executive compensation data, empowering customers to proactively manage shareholder pressures and mitigate governance risks.   Discover more about the new solution and how it can better serve your organization and help leaders make more informed decisions. #DiligentMarketIntelligence #MarketIntelligence #CorporateGovernance

ATTN: Diligent has just launched @Diligent Market Intelligence: a new data and analytics resource for companies looking to drive better business strategy.   This new and exciting launch combines Diligent’s leading shareholder activism, voting and corporate governance data (formerly Insightia) with its ESG and executive compensation data, empowering customers to proactively manage shareholder pressures and mitigate governance risks.   Discover more about the new solution and how it can better serve your organization and help leaders make more informed decisions. #DiligentMarketIntelligence #MarketIntelligence #CorporateGovernance

On February 13, my colleagues Seth Engel, Linda Hesse, and Armelle Sandrin-Deforge will participate in the second session of Jones Day's 2024 Monthly Public Company Speaker Series. They will discuss key disclosure, governance, and executive compensation considerations for the board and management, including trends and developments in ESG; SEC rulemaking and enforcement activity; and investor and proxy advisor policies. Click here to register for this virtual program: https://ow.ly/TJXv50Qx0z3 #ESG #corporategovernance

On February 13, my colleagues Seth Engel, Linda Hesse, and Armelle Sandrin-Deforge will participate in the second session of Jones Day's 2024 Monthly Public Company Speaker Series. They will discuss key disclosure, governance, and executive compensation considerations for the board and management, including trends and developments in ESG; SEC rulemaking and enforcement activity; and investor and proxy advisor policies. Click here to register for this virtual program: https://ow.ly/kbQi50QxJiz #ESG #corporategovernance

(1) Companies with the ROE over 15% have higher market capitalization, foreign ownership, and Tobin's Q, and naturally higher ROA, while the opposite tends to be true companies with low ROE. (2) Groups with ROE above 15% have generally improved their corporate governance practices, but they still need to address their use of cash in order to further improve return on capital. (3) It's clear that companies with low ROE have the form of board practices but not the substance, and that they don't have a clear policy for increasing return on capital.

What should you be thinking about as year-end approaches? Join the Governance Insights Center on December 14 to hear the latest on hot topics relevant to year-end reporting.

What should you be thinking about as year-end approaches? Join the Governance Insights Center on December 14 to hear the latest on hot topics relevant to year-end reporting.

What should you be thinking about as year-end approaches? Join the Governance Insights Center on December 14 to hear the latest on hot topics relevant to year-end reporting. Register today!