Corporate Hot Topics In 2007
I recommend an interesting article about corporate hot issues in 2007, highlighting new SEC rules about executive compensation disclosures and the like. If the following introduction to the article piques your interest, then read the rest of it here. Staying ahead of the curve will be harder this year because the “curve will get a lot a steeper in 2007, thanks to pressure from securities regulators, activist shareholders and hedge funds. In addition to complying with the new SEC compensation disclosure rules, companies will also have to cope with shareholders emboldened by two recent developments: a major change to Delaware's law on majority voting in director elections and a federal circuit court decision on shareholder access to proxy statements. One group of shareholders in particular -- hedge funds -- is expected to cause headaches for management well after the 2007 proxy season ends.”