The kind folks at Free Speech for People interviewed me for a short video about my book, Citizens DisUnited which came just a year ago. Much of our work overlaps and I’m frequently in contact with FSFP – in particular, they are working on a constitutional amendment to address the Citizens United decision. We’re now 1/3 of the way toward this goal and there’s more interest in the issue than ever. Check out the FSFP website because there’s lots of information and some really good resources. And, in the meantime, watch the video out Citizens DisUnited.
Citigroup Shareholders
55% of Citigroup shareholders voted against the proposed pay package for the CEO, Vickram Pandit. Will this impact votes at other companies? More in the video…
Say on Pay
Gretchen Morgenson of the NYT wrote recently (“When Shareholders Make Their Voices Heard,” April 8, 2012) about Say on Pay and indications that, “some companies seem to be listening.” This is heartening news indeed but I still have reservations about Say on Pay because, in the end, precatory proposals…
Corporate Governance 2011 — Year End Reflections
1. The Elephant in the Living Room. The single best indicator of the state of corporate governance – a system of accountable power – is the capacity of senior management to increase their own compensation that has been going on for two decades. The metaphor of the elephant in…
