Removing a company from an Index after it has been suspended from trading for 50 (!!) days, they must be joking! Index providers (esp FTSE, MSCI, S&P) must be controlled, by investment community or by regulators.
https://www.cnbc.com/2017/07/30/msci-warns-chinese-companies-with-suspended-shares-they-could-get-dropped-from-the-emerging-markets-index.html
Our Mission is to campaign for the protection of investors and savers by promoting good corporate governance. We also believe that the wider spread of share ownership is in itself a public good and may sometimes even be preferable to higher economic efficiency
July 31, 2017
July 23, 2017
Two top Wall St chiefs enjoy $314m share bonanza
So how are the two guys going to support efforts to reign in Executive Compensation? They will not even try, so pseudo 'Fiduciaries' like these (and they are among the largest of them) need to be stripped of their voting power. Let them play the market but not supervise the corporations. More often than not they just are just renting the shares - there is no proper intent of taking the responsibilities of ownership, all governance efforts are purely cosmetic. Jamie Dimon in particular should not rattle on about the problems the USA face, he should just look in the mirror: HE IS PART OF THE PROBLEM!
(22-July-2017)
Two top Wall St chiefs enjoy $314m share bonanza
(22-July-2017)
Two top Wall St chiefs enjoy $314m share bonanza
July 07, 2017
Will Private Equity Eat Itself?
Not woried about the industry as long as the existing model is not corrected by politics and regulators. Heads I win, tails you loose benefits the promoters, excessive executive compensation shielded from the public's (and ultimate investor's) oversight, what a wonderful world, for the few!
(7-July-2017)
Will Private Equity Eat Itself?
(7-July-2017)
Will Private Equity Eat Itself?
July 06, 2017
Exec Pay: another dead end
Scrapping performance targets and making CEO's and senior executives long-term shareholders sound like a neat solution to the problem of excessive pay and short-termism. It may help to reduce the latter but still leaves open the all-important question: How high should executive compensation be in the first place. And the corporate governance crowd is silent (or complacent? or both?)
(6-July-2017)
(6-July-2017)