Robert A. G. Monks
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Robert A. G. Monks
Robert Augustus Gardner Monks (born December 4, 1933) is an American shareholder activist and co-founder of Institutional Shareholder Services, Lens Investment Management, Lens Governance Advisors and The Corporate Library (now part of GMI Ratings). He is the author of ''Corpocracy'' and ''The New Global Investors'' and, with Nell Minow, ''Watching the Watchers'', ''Corporate Governance'' and ''Power & Accountability''. He was the Republican nominee for the U.S. Senate from Maine in 1976, losing in a landslide to Democratic Senator Edmund Muskie. He again ran for Senate in 1996, but lost that Republican primary to Susan Collins. He also unsuccessfully challenged longtime Republican Senator Margaret Chase Smith in the 1972 Republican primary. Biography Monks was born on December 4, 1933. He was the son of Rev. G. Gardner Monks and Katharine Knowles. Rev. Monks was the founding headmaster of Lenox School for Boys and Canon of the Washington Cathedral. A cousin of Monks' grandmothe ...
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Shareholder Activist
An activist shareholder is a shareholder who uses an equity stake in a corporation to put pressure on its management. A fairly small stake (less than 10% of outstanding shares) may be enough to launch a successful campaign. In comparison, a full takeover bid is a much more costly and difficult undertaking. The goals of activist shareholders range from financial (increase of shareholder value through changes in corporate policy, cost cutting, etc.) to non-financial (disinvestment from particular countries, etc.). Shareholder activists can address self-dealing by corporate insiders, although large stockholders can also engage in self-dealing to themselves at the expense of smaller minority shareholders. According to research firm ''Insightia,'' a total of 810 listed companies globally were publicly subjected to activist demands in 2020, down from 896 in 2019. Shareholder activism can take any of several forms: proxy battles, publicity campaigns, shareholder resolutions, litigation, a ...
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Financial Management Association
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ...
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1933 Births
Events January * January 11 – Sir Charles Kingsford Smith makes the first commercial flight between Australia and New Zealand. * January 17 – The United States Congress votes in favour of Philippines independence, against the wishes of U.S. President Herbert Hoover. * January 28 – "Pakistan Declaration": Choudhry Rahmat Ali publishes (in Cambridge, UK) a pamphlet entitled ''Now or Never; Are We to Live or Perish Forever?'', in which he calls for the creation of a Muslim state in northwest India that he calls " Pakstan"; this influences the Pakistan Movement. * January 30 ** National Socialist German Workers Party leader Adolf Hitler is appointed Chancellor of Germany by President of Germany Paul von Hindenburg. ** Édouard Daladier forms a government in France in succession to Joseph Paul-Boncour. He is succeeded on October 26 by Albert Sarraut and on November 26 by Camille Chautemps. February * February 1 – Adolf Hitler gives his "Proclamation to ...
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David F
David (; , "beloved one") (traditional spelling), , ''Dāwūd''; grc-koi, Δαυΐδ, Dauíd; la, Davidus, David; gez , ዳዊት, ''Dawit''; xcl, Դաւիթ, ''Dawitʿ''; cu, Давíдъ, ''Davidŭ''; possibly meaning "beloved one". was, according to the Hebrew Bible, the Kings of Israel and Judah, third king of the Kingdom of Israel (united monarchy), United Kingdom of Israel. In the Books of Samuel, he is described as a young shepherd and Lyre, harpist who gains fame by slaying Goliath, a champion of the Philistines, in southern Canaan. David becomes a favourite of Saul, the first king of Israel; he also forges David and Jonathan, a notably close friendship with Jonathan (1 Samuel), Jonathan, a son of Saul. However, under the paranoia that David is seeking to usurp the throne, Saul attempts to kill David, forcing the latter to go into hiding and effectively operate as a fugitive for several years. After Saul and Jonathan are both killed in battle against the Philistin ...
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Classes Of United States Senators
The 100 seats in the United States Senate are divided into three classes for the purpose of determining which seats will be up for election in any two-year cycle, with only one class being up for election at a time. With senators being elected to fixed terms of six years, the classes allow about a third of the seats to be up for election in any presidential or midterm election year instead of having all 100 be up for election at the same time every six years. The seats are also divided in such a way that any given state's two senators are in different classes so that each seat's term ends in different years. Class 1and 2 consist of 33 seats each, while class3 consists of 34 seats. Elections for class1 seats took place most recently in 2018, class2 in 2020, and the elections for class3 seats in 2022. The three classes were established by ArticleI, Section 3, Clause2 of the U.S. Constitution. The actual division was originally performed by the Senate of the 1st Congress in May ...
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Neil S
Neil is a masculine name of Gaelic and Irish origin. The name is an anglicisation of the Irish ''Niall'' which is of disputed derivation. The Irish name may be derived from words meaning "cloud", "passionate", "victory", "honour" or "champion".. As a surname, Neil is traced back to Niall of the Nine Hostages who was an Irish king and eponymous ancestor of the Uí Néill and MacNeil kindred. Most authorities cite the meaning of Neil in the context of a surname as meaning "champion". Origins The Gaelic name was adopted by the Vikings and taken to Iceland as ''Njáll'' (see Nigel). From Iceland it went via Norway, Denmark, and Normandy to England. The name also entered Northern England and Yorkshire directly from Ireland, and from Norwegian settlers. ''Neal'' or ''Neall'' is the Middle English form of ''Nigel''. As a first name, during the Middle Ages, the Gaelic name of Irish origins was popular in Ireland and later Scotland. During the 20th century ''Neil'' began to be used in Engl ...
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List Of Cambridge University Boat Race Crews
This is a list of the Cambridge University crews who have competed in The Boat Race since its inception in 1829. Rowers are listed left to right in boat position from bow to stroke. The number following the rower indicates the rower's weight in stones and pounds. __TOC__ 1829–1854 1856–1877 1878–1899 1900–1914 1920–1939 1940–1945 unofficial wartime races 1946–1970 1971–1999 2000 onwards * *Denotes President See also *List of Oxford University Boat Race crews *Grand Challenge Cup The Grand Challenge Cup is a rowing competition for men's eights. It is the oldest and best-known event at the annual Henley Royal Regatta on the River Thames at Henley-on-Thames in England. It is open to male crews from all eligible rowing cl ...theboatraces.org References The Oxford and Cambridge Boat Race*British Rowing Almanack – from 1861 * * * * *William Fisher MacMichael, The Oxford and Cambridge Boat Races: From A.D. 1829 to 1869', Publisher: ...
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The Corporation (2003 Film)
''The Corporation'' is a 2003 Canadian documentary film written by University of British Columbia law professor Joel Bakan and filmmaker Harold Crooks , and directed by Mark Achbar and Jennifer Abbott. The documentary examines the modern-day corporation. Bakan wrote the book, ''The Corporation: The Pathological Pursuit of Profit and Power'', during the filming of the documentary. A sequel film, '' The New Corporation: The Unfortunately Necessary Sequel'', was released in 2020. Synopsis The documentary shows the development of the contemporary business corporation, from a legal entity that originated as a government-chartered institution meant to affect specific public functions to the rise of the modern commercial institution entitled to most of the legal rights of a person. The documentary concentrates mostly upon corporations in North America, especially in the United States. One theme is its assessment of corporations as persons, as a result of an 1886 case in the Supreme Cou ...
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Maine
Maine () is a state in the New England and Northeastern regions of the United States. It borders New Hampshire to the west, the Gulf of Maine to the southeast, and the Canadian provinces of New Brunswick and Quebec to the northeast and northwest, respectively. The largest state by total area in New England, Maine is the 12th-smallest by area, the 9th-least populous, the 13th-least densely populated, and the most rural of the 50 U.S. states. It is also the northeasternmost among the contiguous United States, the northernmost state east of the Great Lakes, the only state whose name consists of a single syllable, and the only state to border exactly one other U.S. state. Approximately half the area of Maine lies on each side of the 45th parallel north in latitude. The most populous city in Maine is Portland, while its capital is Augusta. Maine has traditionally been known for its jagged, rocky Atlantic Ocean and bayshore coastlines; smoothly contoured mountains; heavily f ...
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United States Senate
The United States Senate is the upper chamber of the United States Congress, with the House of Representatives being the lower chamber. Together they compose the national bicameral legislature of the United States. The composition and powers of the Senate are established by Article One of the United States Constitution. The Senate is composed of senators, each of whom represents a single state in its entirety. Each of the 50 states is equally represented by two senators who serve staggered terms of six years, for a total of 100 senators. The vice president of the United States serves as presiding officer and president of the Senate by virtue of that office, despite not being a senator, and has a vote only if the Senate is equally divided. In the vice president's absence, the president pro tempore, who is traditionally the senior member of the party holding a majority of seats, presides over the Senate. As the upper chamber of Congress, the Senate has several powers o ...
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Republican Party (United States)
The Republican Party, also referred to as the GOP ("Grand Old Party"), is one of the two major contemporary political parties in the United States. The GOP was founded in 1854 by anti-slavery activists who opposed the Kansas–Nebraska Act, which allowed for the potential expansion of chattel slavery into the western territories. Since Ronald Reagan's presidency in the 1980s, conservatism has been the dominant ideology of the GOP. It has been the main political rival of the Democratic Party since the mid-1850s. The Republican Party's intellectual predecessor is considered to be Northern members of the Whig Party, with Republican presidents Abraham Lincoln, Rutherford B. Hayes, Chester A. Arthur, and Benjamin Harrison all being Whigs before switching to the party, from which they were elected. The collapse of the Whigs, which had previously been one of the two major parties in the country, strengthened the party's electoral success. Upon its founding, it supported c ...
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