Corporate Governance Advisor articles from March 2002

Corporate Governance Advisor archives from March 2002

Roundtable on Private Securities Litigation Reform Act of 1995. (Securities Litigation).
March 1, 2002... When the Private Securities Litigation Reform Act (Reform Act) was enacted in 1995, there was much discussion about its probable effect on the class action landscape and who the Reform Act benefited the most. More than five years have passed,...

Russia's Code of Corporate Conduct: an innovative approach to solving shareholder rights abuses. (International Corporate Governance).
March 1, 2002... Russia has emerged from the ruins of financial default in 1998 to become, in 2001, the second fastest growing economy in the world and the stock market with the largest gains for the year. Investment, very tentatively, is beginning to revive...

TIAA-CREF and executive pay. (Executive Compensation).(Teachers Insurance and Annuity Association-College Retirement Equities Fund )(Brief Article)
March 1, 2002... The Teachers Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF) sees executive pay as a key corporate governance issue, particularly in the United States, where compensation levels have increased rapidly in recent...

NACD Blue Ribbon Commission report on board evaluation: improving director effectiveness. (Board Of Directors).(National Association of Corporate Directors )
March 1, 2002... The National Association of Corporate Directors (NACD) periodically convenes Blue Ribbon Commissions to conduct in-depth studies on significant issues to boards of directors and/or corporate governance in general. Reports of those commissions...

Multi-step acquisitions: new solutions to corporate and securities law problems in tax-free reorganizations. (Mergers And Acquisitions).
March 1, 2002... The Internal Revenue Service (IRS) recently issued two rulings that reduce the tax risk and increase the flexibility of certain multi-step tax-deferred merger structures. These structures can effectively surmount important corporate and...

SEC mandates new option dilution disclosure. (Practice Corner).(Securities and Exchange Commission )
March 1, 2002... For several years, a number of investor groups have been concerned about the level of the dilutive effect of equity compensation plans adopted by companies, particularly new technology companies. Quite a few investors forewarned about the...