January 19, 2018
Hosted jointly by the SEC and NYU’s Salomon Center for the Study of Financial Institutions
The Division of Economic and Risk Analysis (DERA) of the U.S. Securities and Exchange Commission and New York University’s Salomon Center are organizing a half-day dialogue on shareholder engagement. In light of the significant changes in the governance of public companies that have occurred over the years, this Dialogue will explore the shifting roles and influence of institutional and activist investors during this period. Topics will include effects from the expanding footprint of passive investment funds, the increasing concentration of ownership by large institutional investors, the role of proxy advisory services, changes in the way investors and public companies engage with each other, and practices of active investing.
The Dialogue is intended to bring together practitioners, stakeholders, regulators, and academics to learn, engage, and discuss the current state of shareholder engagement with public companies and exchange ideas on issues related to the efficacy of corporate governance.
In-person registration is closed. For those wishing to participate, please register via the Webcast registration.
The Dialogue will be held on January 19, 2018 at New York University’s Salomon Center for the Study of Financial Institutions and will be open to the public. Webcasting will also be available. The preliminary program will include:
|Introduction – Elizabeth Morrison, Vice Dean of Faculty, NYU Stern School of Business
|Opening Remarks – Jay Clayton, Chairman, SEC
|Session 1: Perspectives on Shareholder Engagement
Moderator: William H. Hinman, Division of Corporation Finance, SEC
|Session 2: Academic Evidence on Shareholder Engagement
Moderator: Edward Rock, New York University School of Law
|Session 3: The Evolving Role of Investors in Shareholder Engagement
Moderators: Michele M. Anderson and Ted Yu, Division of Corporation Finance, SEC