Please join the U.S. Chamber Center for Capital Markets Competitiveness (CCMC) on Wednesday, December 5, 2012 for a half-day event that will take an in-depth look at the influence of proxy advisors and the state of corporate governance in the U.S.
Proxy advisory firms’ role in corporate governance has expanded drastically over the past several years, most notably through the 2010 Dodd-Frank Act’s requirement of mandatory Say-on-Pay, which increased institutional shareholders’ reliance on the firms’ proxy voting recommendations and further cemented those firms’ status as de facto corporate governance standard setters.
This event will bring together business leaders, issue experts, and other key stakeholders to discuss proxy advisors’ influence over corporate governance; the relationship between shareholder value, institutional investors’ fiduciary duty, and proxy advisors’ voting advice; and what can be done to restore balance to this important piece of our capital markets structure.
Registration and breakfast will begin at 8:30 a.m., followed by the event program from 9:00 a.m. - 12:30 p.m.
Confirmed speakers include:
*Executive branch employees should obtain written permission to attend this event from their designated agency ethics office and should fax or email a copy of the permission to Leigh Stapleton at firstname.lastname@example.org or by fax at (202) 955-1152 prior to the event.