Corporate Governance Advisor articles from July 2006

Corporate Governance Advisor archives from July 2006

Delaware to address majority voting: the 2006 amendments to the General Corporation Law.(MAJORITY VOTE MOVEMENT)
July 1, 2006... Legislation was recently introduced in the Delaware legislature to effect the now-annual amendments to the General Corporation Law of the State of Delaware. While several of the amendments are technical in nature and serve to clarify the...

Proxies prepare to go digital: the SEC's e-proxy solicitation proposal.(PROXY SOLICITATION)
July 1, 2006... In December 2005, the Securities and Exchange Commission proposed amendments to the proxy rules that would allow Internet proxy solicitations in non-merger situations. (1) In this article, we outline the basic mechanics of the proposed rules...

Corporate governance: from compliance obligation to business imperative.(INTERNATIONAL CORPORATE GOVERNANCE)
July 1, 2006... Will corporate governance become more important in the future and, if so, why? Are the drivers shifting? Is corporate governance primarily limited to a handful of developed markets, or is it global? What are the essential building blocks of...

Making a federal case out of it: packaging the corporate investigation for prosecution.(SECURITIES LITIGATION)
July 1, 2006... Despite the recent publicity surrounding the Enron verdict, the reality is that the numbers of white-collar crime prosecutions have dropped substantially. According to recent reports, federal prosecutions of white-collar cases assembled by...

Keep me posted! Web site posting of SEC and corporate governance materials.(PRACTICE CORNER)
July 1, 2006... In recognition of the central role of the Internet in today's global economy, many companies rely on their corporate Web sites as basic information sources and marketing tools for business partners, customers, investors, and the general...

Conducting board consents and other board functions online.(BOARD OF DIRECTORS)
July 1, 2006... Written board consents and Section 16 reports (i.e., Forms 3, 4, and 5) are necessary processes for boards of directors. These processes are also often extremely time-sensitive. For instance, board consents for stock option grants must be...