Financial Services Industry
Industry: Email Alert RSS FeedApplying pressure: European funds increasing corporate activism; CalPERS' tactics taking hold with Dutch and French pension funds.(World News)
Pensions & Investments, February, 2004 by Evans, Richard
Byline: Richard Evans AMSTERDAM - Following a string of corporate governance scandals and poor stock market returns, a growing number of continental European pension funds are turning to shareholder activism in an effort to improve voting rights and broader governance at companies in which they invest.
After months of campaigning, Dutch pension funds scored a victory Feb. 4 when Amsterdam-based ABN Amro Bank NV announced it was scrapping multiple voting rights previously offered to large investors at Dutch banks and insurance companies. "Such voting rights prevent investors influencing policy and also serve as an unfair anti-takeover device,'' said Rene Maatman, chief counsel and head of corporate governance for Stichting Pensioenfonds ABP, Heerlen,...
- How to choose the right insurance carrier for your business
- Real Estate: Prepare your properties to weather what lies ahead
- Technology: Be prepared if part of your global supply chain goes missing
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
