Reuters quoting David Webber, School of Law “This could be the start of something huge: Securities and Exchange Commissioner Michael Piwowar said in a speech Monday to the Heritage Foundation that the SEC is open to the idea of allowing companies contemplating initial public offerings to include mandatory shareholder arbitration provisions in corporate charters…” Expert […]
Washington Post David Webber, School of Law “It’s becoming an all-too-frequent occurrence at publicly traded companies: An investor holding just a few shares of stock puts forward a shareholder proposal that’s only tangentially related to the company’s operations or strategy…” Expert quote: Critics of these proposals, such as Boston University law professor David H. Webber, […]
Bloomberg David Webber, School of Law “A shareholder tool used to advocate for changes in corporate behavior would be effectively shut down under the latest Republican plan to roll back the Dodd-Frank Act…” Expert quote: “I think it could backfire.” View full article.
Washington Post by David H. Webber, School of Law “Corporate lobbyists at the Business Roundtable — led by JPMorgan Chase chief executive Jamie Dimon — are heralding an effort to sharply limit the ability of investors to have a say in their companies through shareholder proposals…” View full article.
The Atlantic David Webber, School of Law Ron Ozer was thrilled to get a job with DuPont, the two-centuries-old chemical company, when he finished his Ph.D. from Cornell in 1990… Expert quote: “Hedge funds promised that they could beat the market, and help these [pension and other large institutional] funds catch up on big liabilities […]
Pension Funds Considering Fossil Fuel Divestment, Socially Responsible Investments Get Boost From Labor Department
International Business Times David Webber, School of Law The U.S. Department of Labor has withdrawn an arcane George W. Bush-era measure that critics say discouraged pension trustees from making socially responsible investment decisions — like divesting from energy companies that contribute to climate change… Expert quote: “The rationale can’t be, ‘We hate coal, we’re dumping it, […]
Washington Post By David Webber, School of Law Public pension funds should invest the retirement savings of government workers to secure their financial future, not undermine it… View full article by expert David Webber
Marketplace David Webber, School of Law The California State Teachers’ Retirement System, or CalSTRS, the second largest public pension fund in the U.S., announced it plans to get rid of the stock it owns in companies that make firearms… View article
PBS “Nightly Business Report” David Webber, School of Law David Webber, Associate Professor of Law at Boston University, talks with us tonight about the roles company officials have and how ethics are now in question… View article and video