The music giant would be a 'controlled company,' and proceeds from the offering would go to shareholders.
The question is no longer whether an activist will invest in your stock, but when they might go active.
To drive shareholder returns in health care, CFOs should stress financial policies that build financial flexibility rather than leverage.
Aiming to thwart shareholder activism, public companies' proxy statements are presenting shareholders with ever-more information and greater detail.
The CFO and the finance team have the skills to help the CEO understand and interpret residual cash earnings signals.
Shareholder groups say the committee would “prevent poor stewardship” and avoid a repeat of mistakes that led to the bank's 2008 bailout.
Be informed, get involved, and shape the world through finance. Read CFO.com's standout stories and most recent headlines.
The suit followed the U.K. grocer's admission that it overstated half-year profits by $377 million because of accounting errors.
A regulator says new guidance will prevent companies from "gaming the rules to deny shareowners the right to vote on critical reforms."
By demanding share buybacks and dividends, which are paid out of cash reserves, activists threaten debt repayments.
A partner at L.L. Bradford failed to monitor partner assignments, leading to auditor rotation violations in six public company audits, says the PCAOB.
The SEC charges eight with failing to update disclosures Involving “going private” transactions.
