Tag: Corporate Governance

Delaware Court on Going Private Transactions

June 1, 2013

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Shareholder Activism Enters the Boardroom

May 6, 2013

Over the last month or so, an interesting debate has surfaced that takes shareholder activism to the next level. As the Deal Professor column notes, two hedge funds have initiated proposals whereby they have promised to pay their nominees, if elected to the board of the investee company, director compensation linked to the profitability of…
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Theorizing Companies and Shareholder Interests

March 14, 2013

The two previous issues of the Economist magazine cover different aspects of the functioning of companies and the impact they have on shareholder value and other aspects of society. One set of issues (discussed here and here) deals with the increase in activism among shareholders. While activist shareholders are making their impact felt in companies…
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Budget 2013: Taxation as a Solution to a Governance Problem

February 28, 2013

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Dismissal of Suit Against Satyam Directors

January 8, 2013

Last week, there was coverage in the financial press about the dismissal of a securities law suit by a New York court against the independent directors of Satyam. Now, a copy of the order dated January 2, 2013 issued by Judge Barbara Jones of the Southern District of New York is available through D&O Diary,…
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SEBI’s Proposal to Overhaul Corporate Governance Norms

January 7, 2013

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Royalty Payments and Corporate Governance

December 31, 2012

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Short Sellers, Short-Termism and Corporate Governance

December 14, 2012

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Indemnity clauses and criminal proceedings

November 29, 2012

Earlier this week, the Court of Appeal decided another interesting case involving contractual interpretation – this time interpreting and determining the scope of an indemnity clause. The case was one of the many fall-outs of the ongoing News of the World (“NOTW”) saga, and involved a claim brought by Mr Coulson, former editor of NOTW,…
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Paper on Shareholder Activism

October 25, 2012

Two years ago, any talk of shareholder activism in India would be brushed aside or even ridiculed. But, since then, things seem to have changed rapidly. The last couple of years have witnessed shareholders in Indian companies becoming more active and assertive. This space has also seen the proliferation of proxy advisory firms and other…
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