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DiNapoli defends DB schemes

New York State Comptroller, Thomas DiNapoli, has defended public defined benefit schemes, saying that they are not a drag on state government finances, are sustainable and form a vital part of the US economy.
SAM RILEYOctober 12, 2011
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CalSTRS’ governance work recognised

Without full proxy access on the corporate ballot, broader shareholder activity such as majority vote and compensation alignment are set back, according to corporate governance director at CalSTRS, Anne Sheehan, who together with chief executive, Jack Ehnes, has been named on the National Association of Company Directors’ list of 100 most influential corporate governance leaders.
Amanda WhiteOctober 5, 2011
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CII releases “say on pay” report examining investor voting motivations

The Council of Institutional Investors (CII) has released a report analysing investor motivation for voting against the “say on pay” proposal at companies where the motion failed to receive majority support at annual meetings this year. The study, conducted by independent executive compensation and performance consultancy Farient Advisors, examines how the new “say on pay” […]
SAM RILEYSeptember 28, 2011
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CII wants SEC to keep up legal fight

The Council of Institutional Investors has called for the Securities and Exchange Commission to pursue a re-hearing of a controversial proxy access rule that would have bolstered shareholder rights but was recently defeated in a legal challenge.
SAM RILEYAugust 24, 2011