Corporate governance has become increasingly politicized in recent years, with very real consequences for investors and financial institutions of all kinds. From a looming funding crisis facing the nation’s public pension system to the emergence of quasi-regulators operating with unchecked powers and limited scrutiny, there has been increased focus on politically motivated investments, often at the expense of traditional fiduciary responsibility aimed at maximizing returns.
ACCF Executive Vice President George David Banks recently sat down with @markets to discuss proxy advisory firms and the disconnect between big money managers...
Former White House senior official George David Banks to serve as Executive Director
In the world of corporate governance, proxy advisory firms like ISS (Institutional Shareholder Services) and Glass Lewis have become increasingly important. Their role advising...
Research & Publications
A new ACCF report finds that proxy advisory firms are currently operating with minimal oversight, making recommendations that materially impact public companies’ proxy outcomes, operations and disclosure requirements.
Bad Apple: New ACCF Report finds New York City’s public pension fund system in bad shape and getting worse
New Report Analyzes How Politically Motivated Investments are Sinking the Nation’s Largest Public Pension Fund, Leaving U.S. Taxpayers Accountable for Losses