All articles by Stephen Davis and Jon Lukomnik – Page 2
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Blog
Preparing Your Board for Revenue Recognition
The first rule of care and feeding of directors: no surprises. A major one lurks in the new revenue recognition rules, due to be implemented in 2017. Early surveys show most boards and audit committees have little idea what is looming on the horizon. This week, columnists Stephen Davis and ...
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Blog
Activism With Sharp Elbows in 2015
Shareholder activism is always simmering in the United States and overseas, so predicting more of that in 2015 is not news. Compliance Week columnists Stephen Davis and Jon Lukomnik, however, have provocative predictions about how activism will unfold next year—including potentially toxic fights with Corporate America, pressure on proxy advisory ...
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Blog
Metrics Misused: The Executive Pay Example
The complaint is a common one in governance circles: everyone talks about the importance of long-term value, and then follows the market’s mantra for short-term results. Why? Executive compensation tied to the wrong metrics doesn’t help. Inside, Compliance Week columnists Stephen Davis and Jon Lukomnik pick apart the fallacy of ...
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Blog
A Turning Point in the Standoff With Proxy Advisers?
Regulators are looking to curtail abuses by proxy advisory firms with new rules that include a mechanism for companies to complain about unfair treatment. While some CEOs and boards, many which have long loathed proxy advisers, may be eager to use these new tools as weapons against them, columnists Stephen ...