What to Do When an Activist’s Letter Arrives
The question is no longer whether an activist will invest in your stock, but when they might go active.
In Health Care, Reinvestment Outshines Dividends, Buybacks, Debt
To drive shareholder returns in health care, CFOs should stress financial policies that build financial flexibility rather than leverage.
The Growing Importance of Proxies
Aiming to thwart shareholder activism, public companies' proxy statements are presenting shareholders with ever-more information and greater detail.
Partnering with a New CEO to Boost Shareholder Returns
The CFO and the finance team have the skills to help the CEO understand and interpret residual cash earnings signals.
RBS Investors Propose Shareholder Committee
Shareholder groups say the committee would “prevent poor stewardship” and avoid a repeat of mistakes that led to the bank's 2008 bailout.
Finance Roundup for Executives
Be informed, get involved, and shape the world through finance. Read CFO.com's standout stories and most recent headlines.
Tesco Settles Investor Class Action for $12M
The suit followed the U.K. grocer's admission that it overstated half-year profits by $377 million because of accounting errors.
SEC Gives Boost to Investors in Proxy Battles
A regulator says new guidance will prevent companies from "gaming the rules to deny shareowners the right to vote on critical reforms."
Activist Shareholders Spawn Bondholder Risks, Moody’s Says
By demanding share buybacks and dividends, which are paid out of cash reserves, activists threaten debt repayments.
Firm Accused of Auditor Independence Violations
A partner at L.L. Bradford failed to monitor partner assignments, leading to auditor rotation violations in six public company audits, says the PCAOB.
Corporate Insiders Fined for 13D Disclosure Violations
The SEC charges eight with failing to update disclosures Involving “going private” transactions.