On August 21, 2019, the Securities and Exchange Commission issued new guidance clarifying the role of proxy advisory firms in the voting process. The guidance has important ramifications for proxy advisory firms and the public companies that are the subjects of their research and recommendations. While the August 21st guidance…
In his remarks following the Bank of Japan’s (BOJ) 29-30 July policy board meeting – in which the BOJ left its policies unchanged – BOJ Governor Haruhiko Kuroda strengthened his message that the bank is willing to introduce additional stimulus measures “without hesitation.” While in recent meetings Kuroda has…
A discussion between Megan Shattuck and Patricia Lenkov, senior members of Teneo's Talent Advisory offering. Moderated by Kevin Kajiwara. Kevin Kajiwara (KK): I’m Kevin Kajiwara, Co-President of Teneo’s Political Risk Advisory Practice. Today we are here to discuss the top challenges facing boards today – and what these issues mean…
3,000. That is the number of results that come up on Amazon.com when searching for “workplace communications” books. Clearly, appropriate and effective communication and conversation are essential to almost any job in any industry and in any country. So fundamental is this behavior that it is often taken for granted…
On 23 June, the Office of the Prime Minister stated that there was an attempted but “failed coup” the previous day. This “failed coup” is significant as it is the first under Prime Minister Abiy Ahmed, and has been explicitly defined as such. It also occurred almost exactly a year…
As previously signaled, an increasing distance between President Jair Bolsonaro and Congress was making it easier for House Speaker Rodrigo Maia to champion singlehandedly the pension reform cause. However, pro-Bolsonaro and pro-reform demonstrations on 26 May, coupled with an apparent truce across hitherto feuding branches of government, have shortened that…
A discussion between Bill Bratton, Jonathan Wackrow and Steve Smith, senior members of Teneo’s Risk Advisory team. Moderated by Kevin Kajiwara. Kevin Kajiwara (KK): I’m Kevin Kajiwara, Co-President of Teneo’s Political Risk Advisory Practice.Today we are here to discuss an issue that all organizations face; exposure to and potential liability…
Rapid Growth, But Where is the Profit? The global cybersecurity market is growing rapidly as companies battle to get ahead of emerging threats. Estimates typically put market growth between 10 and 15% per annum and in 2018, the World Economic Forum found that company executives now rank cyber attacks as…
Communist Party General Secretary Nguyen Phu Trong has not been seen in public for three weeks. His consolidated position makes an immediate leadership fight or major changes in economic policy unlikely. However, maneuvering for the 2021 leadership transition could accelerate and intensify. Communist Party General Secretary and State President Nguyen…
Teneo’s Seth Martin and David Lurie, senior members of the Strategy & Communications Advisory business, discuss the new media landscape and its impact on investor communication strategies and how businesses and senior executives can leverage digital platforms to reach key investor audiences while maintaining control of their own narratives. Kevin…
Our Emerging Markets (EMs) outlook table summarizes the impact of elections in EMs over the next 18 months. It also includes our broad view on the trajectory of these countries, highlighting the capacity of governments to implement policies to mitigate the economic challenges they face. Markets are ordered in…
Think like an activist. Review board composition and governance structure for potential vulnerabilities, make sure you have a defense plan, and understand any changes in your ownership base. Don’t forget corporate culture and purpose. One of the successful activist campaigns last year was the Vote-No Campaign that Elaine Wynn launched…
Teneo’s Martha Carter, Head of Governance Advisory, and Matt Filosa and Sean Quinn, both senior members of Teneo’s Governance Advisory team, discuss the continued market volatility and its effects on corporate governance and ESG issues, including advice on how a company’s institutional investors may view issues such as executive compensation,…
The May midterm election is unlikely to substantially affect the broad 6 to 9-month political outlook. The opposition is struggling to gain traction with its issues and will likely remain a clear minority. The more relevant timeframe for reassessing the outlook for the administration may not be in the May…