The Harvard Law School

Weekly Roundup: June 5-11, 2025

Remarks by Chair Atkins Posted by Paul Atkins, U.S. Securities and Exchange Commission, on Friday, June 6, 2025 Tags: Fiduciary duties, Proxy voting, SEC, Shareholder rights Remarks by Commissioner Peirce at the Meeting of the Investor Advisory Committee Posted by Hester M. Peirce, U.S. Securities and Exchange Commission, on Friday, June 6, 2025 Tags: Fiduciary […]

Jun 13, 2025 - 12:50

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, June 13, 2025

Editor's Note:

This roundup contains a collection of the posts published on the Forum during the week of June 5-11, 2025

Remarks by Chair Atkins

Posted by Paul Atkins, U.S. Securities and Exchange Commission, on Friday, June 6, 2025

Tags: Fiduciary duties, Proxy voting, SEC, Shareholder rights

Remarks by Commissioner Peirce at the Meeting of the Investor Advisory Committee

Posted by Hester M. Peirce, U.S. Securities and Exchange Commission, on Friday, June 6, 2025

Tags: Fiduciary duties, Financial disclosures, Investment advisers, pass-through voting, Shareholder rights

Remarks by Commissioner Peirce before the International Center for Insurance Regulation

Posted by Hester M. Peirce, U.S. Securities and Exchange Commission, on Saturday, June 7, 2025

Tags: anti-ESG, ESG, Insurance, Insurance regulation, SEC

CEO Pay Study

Posted by Amit Batish, Equilar, Inc., on Sunday, June 8, 2025

Tags: CEO, CEO compensation, CEO Pay

Recent Developments for Directors

Posted by Julia Thompson, Keith Halverstam, and Jenna Cooper, Latham & Watkins LLP, on Monday, June 9, 2025

Tags: Climate Disclosure, Delaware law, EDGAR, Shareholder activism, Tariffs

Corporate Actions as Moral Issues

Posted by Zwetelina Iliewa (University of Bonn), Elisabeth Kempf (Harvard Business School), and Oliver G. Spalt (University of Mannheim), on Monday, June 9, 2025

Tags: CEO compensation, Corporate ethics, ESG, stakeholder capitalism

Midyear Observations on the 2025 Board Agenda

Posted by David A. Brown, KPMG LLP, on Monday, June 9, 2025

Tags: AI, board agenda, corporate strategy, Economic Outlook, Geopolitical

Evolving DEI Disclosure Practices in SEC Filings

Posted by Hayden Goudy, Tierra Piens, and Meghan Conway, Orrick, on Tuesday, June 10, 2025

Tags: Corporate governance, dei, noemail, reporting standards, SEC, SEC filings

Caremark’s Politics

Posted by Itai Fiegenbaum (St. Thomas University College), on Tuesday, June 10, 2025

Tags: Caremark, Corporate Social Responsibility, Delaware law, noemail, Shareholder activism

Remarks by Commissioner Peirce at the Third Annual Conference on Emerging Trends in Asset Management

Posted by Hester M. Peirce, U.S. Securities and Exchange Commission, on Tuesday, June 10, 2025

Tags: Asset management, digital assets, noemail, private market, regulation, Retail investors

Pulse on Pay: 12 Years of CEO Pay Long-term Trends in S&P 500 Executive Compensation

Posted by Margaret Hylas and Leah Sine, Semler Brossy, on Wednesday, June 11, 2025

Tags: CEO compensation, Equity Incentives, executive pay, Performance Stock Units, Stock options

Response: The Limits of ESG in Assessing Nonprofit Control

Posted by Ofer Eldar (UC Berkeley School of Law) and Mark Ørberg (Copenhagen Business School), on Wednesday, June 11, 2025

Tags: company mission, Corporate Social Responsibility, ESG, Foundation-Owned Firms, Nonprofit Governance

Tariffs and Transparency: Navigating Investor Expectations on Executive Pay Changes

Posted by Sydney Carlock and Martha Carter, Teneo, on Wednesday, June 11, 2025

Tags: Executive Compensation, Proxy Advisor, Say on pay, Tariffs

A Time to Pivot: Four Ways US M&A Leaders Are Adapting to 2025 Conditions

Posted by Adam Reilly and Barry Winer, Deloitte LLP, on Thursday, June 12, 2025

Tags: Alternative Deals, Cross-Border M&A, ESG, M&A, Private equity

The Costs of Weakening Shareholder Primacy: Evidence from a U.S. Quasi-Natural Experiment

Posted by Benjamin Bennett (Tulane University), René M. Stulz (Ohio State University), and Zexi Wang (Lancaster University), on Thursday, June 12, 2025

Tags: Agency costs, ESG, Nevada, Shareholder primacy, Stakeholder

Response to TX SB 2337

Posted by Nichol Garzon, Glass Lewis, on Thursday, June 12, 2025

Tags: ESG, Proxy advisors, Proxy voting, Texas