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Shareholder Resolution
With respect to public companies in the United States, a shareholder resolution is a proposal submitted by shareholders for a vote at the company's annual meeting. Typically, resolutions are opposed by the corporation's management, hence the insistence for a vote. "Voting has long been recognized as one of the primary rights of shareholders." For publicly held corporations in the United States, the submission and handling of resolutions is regulated by the Securities and Exchange Commission (SEC). Shareholders submit resolutions dealing primarily with corporate governance, such as executive compensation, or corporate social responsibility issues, such as global warming, labor relations, tobacco smoking, human rights, and animal welfare. Virtually all shareholder resolutions are non-binding (or "precatory," to use the legal term of art).Monks, Robert A. and Nell Minow. ''Corporate Governance''. Blackwell Publishers, 2001. In this sense the voting on these resolutions more closely ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shareholders
A shareholder (in the United States often referred to as stockholder) of corporate stock refers to an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of shareholders on the business is determined by the shareholding percentage owned. Shareholders of corporations are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Plebiscite
A referendum, plebiscite, or ballot measure is a direct vote by the electorate (rather than their representatives) on a proposal, law, or political issue. A referendum may be either binding (resulting in the adoption of a new policy) or advisory (functioning like a large-scale opinion poll). Etymology 'Referendum' is the gerundive form of the Latin verb , literally "to carry back" (from the verb , "to bear, bring, carry" plus the inseparable prefix , here meaning "back"Marchant & Charles, Cassell's Latin Dictionary, 1928, p. 469.). As a gerundive is an adjective,A gerundive is a verbal adjective (Kennedy's Shorter Latin Primer, 1962 edition, p. 91.) not a noun, it cannot be used alone in Latin, and must be contained within a context attached to a noun such as , "A proposal which must be carried back to the people". The addition of the verb (3rd person singular, ) to a gerundive, denotes the idea of necessity or compulsion, that which "must" be done, rather than that which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Governance
Corporate governance refers to the mechanisms, processes, practices, and relations by which corporations are controlled and operated by their boards of directors, managers, shareholders, and stakeholders. Definitions "Corporate governance" may be defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, corporate law law, or management) often adopt narrow definitions that appear purpose specific. Writers concerned with regulatory policy in relation to corporate governance practices often use broader structural descriptions. A broad (meta) definition that encompasses many adopted definitions is "Corporate governance describes the processes, structures, and mechanisms that influence the control and direction of corporations." This meta definition accommodates both the narrow definitions used in specific contexts and the broader descriptions that are often presented as au ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pension Funds
A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides retirement income. The U.S. Government's Social Security Trust Fund, which oversees $2.57 trillion in assets, is the world's largest public pension fund. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about USD$6 trillion in assets. In 2012, PricewaterhouseCoopers estimated that pension funds worldwide hold over $33.9 trillion in assets (and were expected to grow to more than $56 trillion by 2020), the largest for any category of institutional investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity. Classifications Open vs. closed pension fund Open pension funds su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interfaith Center On Corporate Responsibility
The Interfaith Center on Corporate Responsibility (ICCR) is an association advocating for corporate social responsibility. Its 300 member organizations comprise faith communities, asset managers, unions, pensions, NGOs and other investors. ICCR members engage hundreds of corporations annually in an effort to foster greater corporate accountability. ICCR's members file shareholder resolutions on issues such as climate change, human rights, corporate governance, financial practices, and other social and environmental concerns. The organization was founded in 1971. Members ICCR members include faith communities, asset management companies, labor unions, pension funds, NGOs, and college and university endowment funds. Corporate targets In any given year, members of ICCR file roughly 300 shareholder resolutions at hundreds of American corporations across multiple industries. ICCR also owns the EthVest database of shareholder resolutions. In the 1980s, ICCR was active in the campai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AFL–CIO
The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) is a national trade union center that is the largest federation of unions in the United States. It is made up of 61 national and international unions, together representing nearly 15 million active and retired workers. The AFL-CIO engages in substantial political spending and activism, typically in support of progressive and pro-labor policies. The AFL-CIO was formed in 1955 when the American Federation of Labor and the Congress of Industrial Organizations merged after a long estrangement. Union membership in the US peaked in 1979, when the AFL-CIO's affiliated unions had nearly twenty million members. From 1955 until 2005, the AFL-CIO's member unions represented nearly all unionized workers in the United States. Several large unions split away from AFL-CIO and formed the rival Change to Win Federation in 2005, although a number of those unions have since re-affiliated, and many locals of Chan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Labor Disputes
A labor dispute is a disagreement between an employer and employees regarding the terms of employment. This could include disputes regarding conditions of employment, fringe benefits, hours of work, tenure, and wages to be negotiated during collective bargaining, or the implementation of already agreed upon terms. It could further concern the association or representation of those who negotiate or seek to negotiate the terms or conditions of employment. Prevention Preventing labor disputes involves coordinating actions at multiple levels, including: Publicity Through the multi-channel and multi-level promotion of policies and regulations to ensure that the employer knows the law, workers' rights activists should know how to deal with the social and cultural environment. Collective bargaining In countries such as the US, the workforce can form unions, strike and collectively bargain with employers. The workers have the right to speak up about employment conditions. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuclear Power
Nuclear power is the use of nuclear reactions to produce electricity. Nuclear power can be obtained from nuclear fission, nuclear decay and nuclear fusion reactions. Presently, the vast majority of electricity from nuclear power is produced by nuclear ''fission'' of uranium and plutonium in nuclear power plants. Nuclear ''decay'' processes are used in niche applications such as radioisotope thermoelectric generators in some space probes such as ''Voyager 2''. Reactors producing controlled fusion power, ''fusion'' power have been operated since 1958 but have yet to generate net power and are not expected to be commercially available in the near future. The first nuclear power plant was built in the 1950s. The global installed nuclear capacity grew to 100GW in the late 1970s, and then expanded during the 1980s, reaching 300GW by 1990. The 1979 Three Mile Island accident in the United States and the 1986 Chernobyl disaster in the Soviet Union resulted in increased regulation and p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Africa
South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. Its Provinces of South Africa, nine provinces are bounded to the south by of coastline that stretches along the Atlantic Ocean, South Atlantic and Indian Ocean; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; to the east and northeast by Mozambique and Eswatini; and it encloses Lesotho. Covering an area of , the country has Demographics of South Africa, a population of over 64 million people. Pretoria is the administrative capital, while Cape Town, as the seat of Parliament of South Africa, Parliament, is the legislative capital, and Bloemfontein is regarded as the judicial capital. The largest, most populous city is Johannesburg, followed by Cape Town and Durban. Cradle of Humankind, Archaeological findings suggest that various hominid species existed in South Africa about 2.5 million years ago, and modern humans inhabited the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apartheid
Apartheid ( , especially South African English: , ; , ) was a system of institutionalised racial segregation that existed in South Africa and South West Africa (now Namibia) from 1948 to the early 1990s. It was characterised by an authoritarian political culture based on ''baasskap'' ( 'boss-ship' or 'boss-hood'), which ensured that South Africa was dominated politically, socially, and economically by the nation's minority White South Africans, white population. Under this minoritarianism, minoritarian system, white citizens held the highest status, followed by Indian South Africans, Indians, Coloureds and Ethnic groups in South Africa#Black South Africans, black Africans, in that order. The economic legacy and social effects of apartheid continue to the present day, particularly Inequality in post-apartheid South Africa, inequality. Broadly speaking, apartheid was delineated into ''petty apartheid'', which entailed the segregation of public facilities and social ev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Referendum
A referendum, plebiscite, or ballot measure is a Direct democracy, direct vote by the Constituency, electorate (rather than their Representative democracy, representatives) on a proposal, law, or political issue. A referendum may be either binding (resulting in the adoption of a new policy) or advisory (functioning like a large-scale opinion poll). Etymology 'Referendum' is the gerundive form of the Latin language, Latin verb , literally "to carry back" (from the verb , "to bear, bring, carry" plus the inseparable prefix , here meaning "back"Marchant & Charles, Cassell's Latin Dictionary, 1928, p. 469.). As a gerundive is an adjective,A gerundive is a verbal adjective (Kennedy's Shorter Latin Primer, 1962 edition, p. 91.) not a noun, it cannot be used alone in Latin, and must be contained within a context attached to a noun such as , "A proposal which must be carried back to the people". The addition of the verb (3rd person singular, ) to a gerundive, denotes the idea of nece ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities And Exchange Commission
The United States Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street crash of 1929. Its primary purpose is to enforce laws against market manipulation. Created by Section 4 of the Securities Exchange Act of 1934 (now codified as and commonly referred to as the Exchange Act or the 1934 Act), the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and the Sarbanes–Oxley Act of 2002, among other statutes. Overview The SEC has a three-part mission: to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. To achieve its mandate, the SEC enforces the statutory requirement that public companies and other regulated entities submit quarterly and annual reports, as well as other periodic disclosures. In addition to annual financial re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
