Corporate Compliance Partners Corporate Compliance Partners
 Whistleblower Experts
 Sarbanes-Oxley News & Developments
Site Map  >  Privacy Policy  >  Contact Us  
Sarbanes-Oxley Bill We Can Help You The Compliance Network About Us
> News & Developments <

Sarbanes-Oxley News & Developments

SEC Looking at Shareholder Proxy Rights

Should shareholders have a greater say about who sits on corporate boards?

> > The SEC is considering a proposal that would make it easier for shareholders to elect their own representatives to boards of directors.
SEC Chairman William Donaldson acknowledges that shareholder representation on boards is a very sensitive issue. Chief executive officers are not lining up to support this proposal and fear potential too-many-chefs scenario.
When it comes to running a company, there could be such a thing as too much democracy. There could be so much democracy on the board that the board becomes another alternative management. There can not be two CEOs. At some point you have to have a CEO who can make decisions.

Source: CFO article


Published:2003-06-16
Subscribe to the CCP Report, our free weekly newsletter about SOX! Your Email Address:

 More Resources

More News

The View from the Other Side
Can IT live up to the expectations for governance, compliance, and revenue generation of a CFO?

Capital Markets Report Urges 404 Fixes
A panel says changes in the way Sarbanes-Oxley has been applied will improve the competitiveness of the U.S. capital markets.

Wal-Mart Whistleblower Drops Lawsuit
Former executive still has a whistleblower case pending before the Labor Department.

All News
Sarbanes-Oxley Act SEC Rules Exchange Rules

> Public Accounting oversight board (101)
> Audit Committee responsibilities (301(2))
> Independence (301(3))
> Complaints (301(4))
> Advisors (301(5))
> Funding (301(6))
> Protections (806)
> Retaliation (1107)
> SEC Rules and Regulations
> SEC Proposed Rules
> SEC Final Rules Releases
> SEC Concept Releases
> SRO Rulemaking
> SEC Interpretive Releases
> SEC Policy Statements
> PCAOB Rulemaking
> NYSE & NASDAQ Rules
> OSHA Rules


>  The View from the Other Side
Can IT live up to the expectations for governance, compliance, and revenue generation of a CFO?

> More News
Sarbanes-Oxley Bill | Are You Compliant? | We Can Help You | About Us
Home | Site Map | Contact Us | Privacy Policy

For more information, please contact us at ccp@answernet.com
AnswerNet © - All rights reserved.