This week we highlight a publication by The Monitor Institute by Deloitte on the board’s role in corporate social purpose posted here on the Harvard Law School Forum on Corporate Governance and Financial Regulation. The paper concludes that with rising interest in a company’s social purpose, boards need to strategize to increase their commitments accordingly and perhaps consider forming a separate committee depending on the extent of the related activities.
Akin Gump labor and employment partner Richard Rabin has been quoted in an article series by The Hedge Fund Law Report on the importance of employee handbooks for fund managers. The articles cover the policies that an investment advisor will want to have in place and who is in the best position to administer the handbook’s policies.
Click here to read the full report.
On May 21, 2018, a closely divided United States Supreme Court held in Epic Systems Corp. v. Lewis that employers may require employees to resolve employment disputes with an employer through individual arbitration even if the arbitration agreements waive the right to proceed by class or collective action.
This week we highlight a report by BDO’s Center for Corporate Governance and Financial Reporting on a variety of topics that corporate management and boards of directors should be prepared to address in connection with their 2018 annual meetings. The main issues include the impact of efforts by the current administration regarding taxes and deregulation, as well as corporate accountability and compliance concerns.
Akin Gump has issued an alert detailing the protections for whistleblowers for securities violations in Dodd-Frank that expand only to employees who report violations to the SEC. Whistleblowers that report internally are still protected under the Sarbanes-Oxley Act of 2002, provided that the employee files a complaint with the Department of Labor.
Click here to read the full alert.
This week, we highlight a report by EY Center for Board Matters on the top five priorities for companies in 2018 based on outreach conversations with institutional investors. Investors offer that their top five priorities this year are:
- Board composition, with a particular focus on enhanced diversity
- Board-level expertise that is more aligned with business goals
- Increased attention to climate risk and the environment
- Enhanced attention to talent and human capital management
- Compensation that is more aligned with performance and strategy
Click here to view the full report.
Akin Gump’s Policy team shares its 2018 political law update, which details changes in state and federal lobbying, gift and campaign finance laws. Click here to see how you or your company might be affected.
Akin Gump has issued an alert on administration and congressional activity since President Trump’s inauguration. The report highlights key regulatory and legislative developments across a range of policy areas. This document also previews the policy agenda for the coming year and concludes with a political update and analysis of the 2018 congressional elections.