trustees
Wednesday, April 27, 2011
ERISA activism
ERISA was signed into law in the 1970's. Why has there never been any activism on behalf of ERISA beneficiaries? A major breach of fiduciary duty by pension plan managers. Bob Monks, April 27, 2011 April 27, 2011 | ERISA , responsible ownership , fiduciary duty , trustees , Pension , ownership
Thursday, October 2, 2003
To Harvard With Love
Letter from Bob Monks to Lawrence (Larry) Summers, then President of Harvard, October 2, 2003. Bob points out that Harvard is not acting as an involved and responsible shareholder despite being a leader in corporate governance education. October 2, 2003 | responsible ownership , institutional investors , university investments , trustees
Wednesday, June 22, 2011
In looking back over the recent blog posts that I called “Appearance of Reality,” it occurs to me that several anomalies in contemporary Corporate Governance are worth mentioning. I had hoped to solve some of these inconsistencies -- at least in my own mind but many questions still remain…
June 22, 2011 | corporate domicile
, accountability
, corporate governance
, ownership
, globalization
, responsible ownership
, trustees
, Disinformation
And the answer is.... I still don't know.
Thursday, May 5, 2011
Where is the activism on behalf of ERISA beneficiaries?
Pensions are a topic on which I've spent a lot of time and effort. I was appointed by President Reagan to run the office of Pensions and Welfare Benfits in the Department of Labor where I was also the ERISA Administrator. It occurred to me recently that after all… May 5, 2011 | ERISA , Pension , shareholder activism , responsible ownership , trustees , fiduciary duty
Wednesday, April 20, 2011
Trustee failure and the financial crisis
There is widespread agreement in the US, the UK[1] and the European Union that the failure of shareholders – a majority of whom are trustees – to adequately monitor and to protest the management of portfolio companies (especially in the financial sphere) was a major cause of losses suffered… April 20, 2011 | trustees , fiduciary duty , financial crisis , responsible ownership
Tuesday, April 19, 2011