After the various scandals and unethical behavior of some players in the financial services and proxy industry, this article describes the importance of ethics and having and applying a code of business conduct. Sodali is highlighted as being an exception in the industry of having a Code of Business Conduct and the article stresses the importance of it.
Go to the article’s link Finanza e etica: Code of Business Conduct
Over 70 US and European companies are expected at the IRGR Awards ceremony. Sodali, as the corporate governance partner of the initiative, moderates the IR and governance panel.
John Wilcox is quoted in this article by Peter Firestein, which provides useful recommendations to companies and boards of directors preparing to engage with shareholders.
Go to the article’s link
This article examines the activity in the Greek market surrounding both the recapitalization of the Greek banking sector and the imminent rights issues which the banks are about to launch, as well as the state privatization process. In light of this critical period, Aemilia Varfis highlights the importance for Greek listed companies to engage and understand the behaviour of their international shareholder base. This process primarily involves having a knowledge of their final investors, in order to maximize support in upcoming general meetings, as well as undertaking an in depth analysis of their overall corporate governance structures.
Sodali’s institutional Investor survey on ownership disclosure indicates “conservative support” for a program that would give companies access to systemically-generated information from intermediaries in the voting chain.
Survey: Ownership Disclosure by Institutional Investors
Finance Monthly: Sodali announces results of institutional investor survey on ownership disclosure
In May 2011, the French Regulator AMF (Autorité des Marchés Financiers) has set up in May 2011 a working group on general meetings, chaired by Olivier Poupart-Lafarge. It has recently published a report with its conclusions and launched a public consultation. Sodali’s answered with a comment letter (attached). The working group has focused on three major topics, dialogue between shareholders and issuers at general meetings, functioning of general meetings, and voting on regulated agreements.
Ahead of the 2012 French proxy season, Sodali gives you its sentiment of the challenges which both issuers and investors are bound to face. The document highlights the increasing relevance of the dialogue between companies and investors on governance topics, identifies best practices and forecasts the longstanding impact on the governance landscape of the adoption of such practices.
For the third year in a row, Sodali supports the IR Global Ranking initiative – the most widely respected annual global ranking of corporate governance practices by listed companies. The press release announces the revision of the governance ranking performed by Sodali, together with the other partners.
The article provides an overview of the issues faced by companies in those countries in which some kind of shareholder vote on compensation is required. John Wilcox provides advice on how companies should prepare to the 2012 AGM, justify their decisions and explain the link between their compensation scheme, the companies’ strategic goals and shareholder value.
Sodali, the global corporate governance consultancy and shareholder services firm, announced today that it has hired Thomas Laschetti as Director of Development in the firm’s London office.
