Sådan fastholder selskaber de “gode” investorer

Sådan fastholder selskaber de “gode” investorer via The New paradigma in Corporate Governance: Advokat Martin Lipton fra det store amerikanske advokatfirma Wachtell, Lipton, Rosen & Katz skriver, at ”a number of these investors are significantly expanding their governance departments so that they have in-house capability to evaluate governance and strategy and there is no need to outsource to ISS and activist hedge funds. The following is a summary consolidation of what these investors are saying in various forums. Clearly articulated plans are necessary to gain and keep the support of these investors. A company should not leave an opening for an activist with a more attractive long-term plan.Board participation in the development and approval of strategy should be effectively communicated in letters to these investors, annual reports and proxy statements. The description should include the major issues debated by the board and how they were resolved. A company should recognize that ESG and CSR issues and how they are managed are importantto these investors. A company should develop and communicate its procedures for engagement by management and directors with these investors. In addition, a company should facilitate direct engagement with directors by these investors who request it. These investors do not favor stock repurchases at the expense of long-term investment.”