Research
SEC Commissioner Gallagher Comments on Proxy Advisors Roles in Corporate Governance
SEC Commissioner Gallagher says one cannot outsource their fiduciary duties. According to a high ranking US securities regulator, lawmakers should review the role that advisory firms play during corporate regulations and determine if regulatory measures are necessary to allow them greater roles during the process.
Glass Lewis Recommends No to Shareholders
Glass Lewis recommends to shareholders not to vote for proposed executive compensation package. According to proxy advisory firm Glass Lewis, shareholders of Goldman Sachs Group Inc should vote against the proposed executive compensation as the board has 'failed to link pay with performance'.
Increasing Money Supply Raises Risks
Iceland's current dilemma is removal of capital controls but by increasing the money supply, it would present long term risks to its capital market.
Gulf Coast Countries seeking to invest locally
Gulf coast countries, wary of the Euro Debt crisis and other factors, are choosing to invest at home rather than overseas.