Ecuador constitutional court rejects casino question in December referendum Summary Ecuador’s constitutional court has rejected a proposed referendum question that would have allowed the reopening of land-based casinos, ruling it does not meet constitutional requirements in its current form. President Daniel Noboa had included a question in a set of seven for a December referendum […]
State Officials’ Letter to Asset Managers Summary Seventeen state financial officers, led by California State Controller Malia Cohen and California State Treasurer Fiona Ma, sent a letter to BlackRock CEO Larry Fink pushing back against a July 2025 letter from the State Financial Officers Foundation. The signatories argue that a correct interpretation of fiduciary duty […]
Here We Go Again: Red States Continue to Focus on ESG Summary On 29 July 2025, 26 state financial officers (from 20 red states plus Pennsylvania) acting through the State Financial Officers Foundation (SFOF) sent letters to 25 large asset managers expressing concern that ESG considerations are eroding traditional fiduciary duty. The letter urges managers […]
Proxy Season Global Briefing : Shareholder Rights & Governance Trends Summary The 2025 proxy season saw noticeable shifts in shareholder rights and governance practices worldwide. Key themes include a rebound in in-person AGMs, major governance reforms in APAC (notably Hong Kong and Korea), growing scrutiny of sustainability reporting and the appointment of sustainability auditors in […]
Weekly Roundup: August 29-September 4, 2025 Summary This roundup collects the Forum posts from 29 August to 4 September 2025. The pieces span antitrust concerns around overlapping directors, developments in the 2025 proxy season (including shareholder proposals and disclosure scrutiny), recent Delaware case law on directors’ investigative duties, ongoing litigation over California’s climate disclosure laws, […]
Redefining the Role: How Innovative Corporate Investigations Leaders Drive Impact Summary Historically, corporate investigations teams have been reactive compliance enforcers operating in silos. This article argues that modern investigations leaders are shifting to a proactive, business‑aligned model: they immerse themselves in operations, build trusted relationships across functions, and use investigations to surface both misconduct and […]
Best Practices for Corporate Sustainability Teams Summary This Conference Board/ESGAUGE study, based on a survey of 70 sustainability and ESG leaders at US and multinational firms, outlines how companies structure sustainability teams, how those teams work with other functions, and which practices improve effectiveness. Key findings: most firms prefer a hybrid model (a small central […]
Rebalancing Retirement: How 401(k) Plans Exacerbate Inequality and What We Can Do About It Summary This article, drawing on a recent academic paper by Quinn Curtis, Leo E. Strine, Jr., and David Webber, argues that the US 401(k) system — subsidised to the tune of roughly 1.5% of GDP — is highly regressive and deepens […]
From Common Practice to Differentiated Design: Turning Stock Prices into Performance Prizes in the S&P 500 Summary Ryan Colucci of Compensation Advisory Partners explains why relative Total Shareholder Return (rTSR) remains the dominant long-term incentive for S&P 500 CEOs and how companies tailor its design. rTSR appears in about 58% of PSU awards because it […]
Why Marketers Are the First to Bet Big on Agentic AI Summary Agentic AI — autonomous workflows driven by large language models — has moved from theory to practical use in marketing and customer experience. Marketers and sales teams are the furthest ahead in experimenting with and deploying agentic systems because they see immediate gains […]
