FEDERALhearing transcript

Congressional Hearing on Corporate Governance and Shareholder Value

Original title: CORPORATE GOVERNANCE: FOSTERING A SYSTEM THAT PROMOTES CAPITAL FORMATION AND MAXIMIZES SHAREHOLDER VALUE

January 1, 2018

corporate governance capital markets shareholder rights financial regulation

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The Frame

What this does

The hearing explored how federal oversight of corporate management practices affects the investment landscape and the financial returns for shareholders.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Shareholders

Corporate governance policies directly impact the management of companies in which they hold equity.

Public Corporations

These entities are subject to the governance standards and regulatory frameworks discussed in the hearing.

What changed

Last recorded activity January 1, 2018.

What's next

Next step not available in the current record.

Summary

This document is the official record of a 2016 House Subcommittee hearing regarding how policies impact and . It includes testimony from business leaders, policy experts, and institutional investors.

Key Facts

The hearing took place on September 21, 2016, before the House Subcommittee on Capital Markets and Government Sponsored Enterprises.
The hearing focused on the relationship between corporate governance structures, capital formation, and shareholder value.
Witnesses included representatives from the Manhattan Institute, Business Roundtable, CalPERS, and the Society for Corporate Governance.
Written testimony was submitted by all four primary witnesses and is included in the hearing record.
John Engler provided written responses to follow-up questions submitted by Representatives Hill and Hultgren.

Frequently Asked Questions

What was the purpose of this hearing?

The hearing was held to examine how systems influence the ability of companies to raise capital and the value provided to shareholders.

Who testified at this hearing?

Testimony was provided by James R. Copland (Manhattan Institute), John Engler (Business Roundtable), Anne Simpson (CalPERS), and Darla C. Stuckey (Society for ).

Why It Matters

The hearing explored how federal oversight of corporate management practices affects the investment landscape and the financial returns for shareholders.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

temporal pattern100% confidence

Historical Hearing Record

This document is a retrospective record of a 2016 hearing, published by the GPO in 2018.

Connected Entities

personCarolyn B. Maloney“Ranking Member of the Subcommittee.”Map →

personDarla C. Stuckey“Witness, Society for Corporate Governance.”Map →

organizationSubcommittee on Capital Markets and Government Sponsored Enterprises“The congressional body that held the hearing.”Map →

personAnne Simpson“Witness, CalPERS.”Map →

personJames R. Copland“Witness, Manhattan Institute for Policy Research.”Map →

personJohn Engler“Witness, President of Business Roundtable.”Map →

personScott Garrett“Chairman of the Subcommittee.”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100

Significance40
How much this matters to a regular citizen
Controversy20
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level

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