South Korea's Supreme Court ruled that gathering proxies for one meeting does not make shareholders joint holders under the 5% disclosure rule. A group owning under 5% can collect revocable proxies and vote them without filing a stake report.
Reality
- Evidence55
- Adoption
- Insufficient
- Hype gap+5
- Incentives
- Insufficient
- Confidence55
Anthropic could start marketing its IPO the week of Nov. 9 at a valuation of $1.8 trillion to $2 trillion, Bloomberg reported. How much money it draws from other AI stocks before Thanksgiving depends on a share count the reports have not disclosed.
Perspective Coverage
32 publishers
- Builder
- Builder 14%
- Operator
- Operator 13%
- Investor
- Investor 73%
Reality
- Evidence55
- Adoption60
- Hype gap+25
- Incentives68
- Confidence58
Bob Chapek, fired as Disney CEO after less than three years, says he would turn the job down if offered again. He blames a board that brought back Bob Iger, who now sits on it while Josh D'Amaro runs the company.
Reality
- Evidence45
- Adoption
- Insufficient
- Hype gap+20
- Incentives70
- Confidence55
Matt Mullenweg's 84% vote returned him to control of Automattic 33 hours after its board put him on leave. For businesses on WordPress.com, WooCommerce or Tumblr, that vote is the governance they are buying into, whoever he names to the board.
Perspective Coverage
3 publishers
- Builder
- Builder 27%
- Operator
- Operator 28%
- Investor
- Investor 45%
Reality
- Evidence60
- Adoption
- Insufficient
- Hype gap+10
- Incentives70
- Confidence62
Public companies and their trade groups supplied over 40% of the $2.5 billion raised by party 527 committees in 25 years, a Wharton-CPA primer finds. Its authors want boards to govern that giving on purpose before possible post-midterm investigations.
Reality
- Evidence35
- Adoption
- Insufficient
- Hype gap+20
- Incentives70
- Confidence40
Korea's arms procurement agency says Hanwha, now KAI's second-largest shareholder, faces a full merger review if it puts directors on the board. That puts the deal's regulatory cost on the step from shareholder to controller.
Reality
- Evidence55
- Adoption
- Insufficient
- Hype gap+10
- Incentives
- Insufficient
- Confidence55
Matt Mullenweg has named four new Automattic directors weeks after the old board's leave vote against him lasted 33 hours and 20 minutes. He controls 84% of the voting power, so the people who oversee him are people he chose.
Reality
- Evidence55
- Adoption
- Insufficient
- Hype gap+5
- Incentives
- Insufficient
- Confidence55
SGX RegCo will require listed companies to disclose the KPIs behind executive pay from 2027; only 47% of issuers name their financial pay metrics today. Each must also publish a dividend policy with no payout commitment required, so shareholders get a written position to test against how boards use cash.
Reality
- Evidence60
- Adoption55
- Hype gap+5
- Incentives40
- Confidence65
Automattic put Matt Mullenweg on paid leave on Wednesday and made its CFO interim CEO. Two days later Mullenweg told staff on Slack that the board is back in agreement, and no board member has confirmed it.
Perspective Coverage
3 publishers
- Builder
- Builder 27%
- Operator
- Operator 32%
- Investor
- Investor 41%
Reality
- Evidence62
- Adoption
- Insufficient
- Hype gap−20
- Incentives65
- Confidence60
A September 16 proposal would rescind Rule 14a-8 and widen the discretion companies hold over proxies already returned to them, completing a withdrawal the SEC's staff started nearly a year ago.
Reality
- Evidence72
- Adoption45
- Hype gap−6
- Incentives62
- Confidence70
Russell Reynolds mapped 196 European exits and found that a single chief executive change tracks almost no difference in average hold period, while the delayed and repeated ones are where the risk sits.
Reality
- Evidence55
- Adoption62
- Hype gap+18
- Incentives76
- Confidence56
A Compensia review of Form 10-K filings from January 2024 through June 2026 found 118 companies running restatement-triggered recovery analyses, and 19 of them disclosed an actual clawback of executive pay.
Reality
- Evidence62
- Adoption58
- Hype gap+5
- Incentives60
- Confidence55
Nomura's count of Japanese listed subsidiaries is 139, down about 20% in a year, and from 2027 companies must disclose how minority shareholders voted on directors. At that pace the category empties in about four years.
Reality
- Evidence52
- Adoption76
- Hype gap+15
- Incentives58
- Confidence62
Berkshire put $39.4bn into equities in the first half of 2026 against $7.1bn a year earlier. On September 18 the chairmanship passed to Howard Buffett, whose remit his father defined as guarding the culture.
Reality
- Evidence48
- Adoption68
- Hype gap+14
- Incentives56
- Confidence57
Orlen's Swiss trading arm paid for Venezuelan crude with Tether tokens and received almost none of it. The loss was set before the first conversion, by the payment terms written into a contract signed days after the parties met.
Reality
- Evidence38
- Adoption25
- Hype gap+18
- Incentives78
- Confidence42
The Conference Board puts 35% of this year's Russell 3000 forced departures in health care. The same report has forced exits taking a smaller share of 2026 successions than in either prior year, and no single industry profile.
Reality
- Evidence70
- Adoption
- Insufficient
- Hype gap+20
- Incentives45
- Confidence58
Warren Buffett has made himself chairman emeritus and kept his board seat, leaving Greg Abel with operating control and his son Howard with the company's culture. Berkshire built that split in stages, not in one announcement.
Reality
- Evidence84
- Adoption78
- Hype gap+12
- Incentives66
- Confidence80
Average pay at risk for S&P 1500 chief executives reached 78% in 2023, up from 46% in 1993, while target pay converged on the industry median. Compensation Actually Paid is the first figure that lets a committee check whether that design pays for performance.
Reality
- Evidence52
- Adoption72
- Hype gap+20
- Incentives62
- Confidence48
Commissioner Mark Uyeda says the legal authority for a rule the SEC has run for eight decades was lacking, and his own statement allows that removing it could widen what shareholders may put to a vote.
Reality
- Evidence55
- Adoption
- Insufficient
- Hype gap+25
- Incentives72
- Confidence58
The reciprocal deals, effective September 10, would cost Automattic $8.15 million now that Matt Mullenweg has fired both men. The company's new lawyers are deciding whether to pay out or contest the documents.
Reality
- Evidence64
- Adoption28
- Hype gap+14
- Incentives72
- Confidence60
Earlier coverage
- Automattic's CFO held the CEO job for 2,000 minutes
Build · September 16, 2026 · 1 publisher
- A Westinghouse board seat starts at 4.1 trillion won of Korea's own cash
Invest · September 16, 2026 · 1 publisher
- A 60-day notice clause is Automattic's documented way out of $8.15M in severance
Build · September 16, 2026 · 1 publisher
- Shareholder Commons founder asks boards to negotiate a replacement for Rule 14a-8
Leadership · September 16, 2026 · 1 publisher
- FW Cook dates the window for changing 2027 pay design to late Q4 and early Q1
Leadership · September 16, 2026 · 1 publisher
- Personal security spread to a majority of S&P 500 CEOs within a single year
Leadership · September 15, 2026 · 1 publisher
- Fragmented proxy voting is making shareholder intent harder to predict
Leadership · September 15, 2026 · 1 publisher
- Control of Automattic's Slack workspace outlasted the resolution naming an interim CEO
Build · September 12, 2026 · 1 publisher
- A Goodwin memo puts crypto treasury companies on the shareholder activist target list
Leadership · September 14, 2026 · 1 publisher
- The SEC's Form 10-S would hand boards a reporting cadence decision they remake every year
Leadership · September 13, 2026 · 1 publisher
- KB Financial nominates a division head as chairman after its bank trailed Shinhan by 233 billion won
Invest · September 13, 2026 · 1 publisher
- RBI blocks the deregistration that would have spared Tata Sons an IPO
Invest · September 12, 2026 · 1 publisher
- Amazon puts Mandiant's founder on both its Audit and Security committees
Product · September 11, 2026 · 1 publisher
- Automattic's interim CEO lost his Slack account within two days of being named
Security · September 11, 2026 · 1 publisher
- The SEC has folded its accounting-fraud work into a single national enforcement unit
Leadership · September 10, 2026 · 1 publisher
- Metaplanet answers a 17% slide by cutting its option units from 696 shares each to 410
Invest · September 11, 2026 · 1 publisher
- Metaplanet breaks the clause that kept management at a fifth of the company
Invest · September 11, 2026 · 1 publisher
- One investor's 2026 resolutions cleared 25% support at 125 companies
Leadership · September 10, 2026 · 1 publisher
- DOJ retires the 1987 letter that underwrote ISS's antitrust comfort
Leadership · September 8, 2026 · 1 publisher
- Apple prices its executive chair at 81 cents on the CEO's dollar
Invest · September 2, 2026 · 11 publishers
- Musk's $1tn award costs Tesla holders a seventh of the market value he must create
Invest · September 2, 2026 · 1 publisher
- Apple ties three-quarters of Ternus's $55m equity target to beating the S&P 500
Product · September 2, 2026 · 1 publisher
- A decade-low shareholder proposal count masks support that held or rose
Leadership · August 31, 2026 · 1 publisher
- General counsel now carry the whole risk of excluding a shareholder proposal
Leadership · August 31, 2026 · 1 publisher
- A CEO's unexercised stock options predict a 24% smaller lobbying bill
Science · August 27, 2026 · 1 publisher
- DraftKings hands a departing cofounder up to $30M, and hands short sellers a filing to read
Invest · August 26, 2026 · 1 publisher
- The 95 percent habit: comp committees are being told to stop defaulting to PSUs
Leadership · August 26, 2026 · 1 publisher
- Board refreshment stalls at 364 new S&P 500 directors, and CEOs took more of them
Leadership · August 24, 2026 · 1 publisher
- Activism at 255 campaigns: the ballot got cheap, so the activist thesis is now a standing audit
Leadership · August 23, 2026 · 1 publisher
- Spencer Stuart says board trust pays. Its own caveat says boards can't grade themselves.
Invest · August 21, 2026 · 1 publisher
- Boards Prune ESG Pay Labels But Keep the Specifics, Reshaping the Next Incentive Cycle
Leadership · August 20, 2026 · 1 publisher
- L3Harris shows what forfeiture can reach, and what it cannot
Invest · August 17, 2026 · 1 publisher
- Flat year, new shape: H1 2026 activists took board seats by settlement, and started pricing AI
Leadership · August 17, 2026 · 1 publisher
- Boards found a cheap hedge on succession: hire the CEO who already retired
Invest · August 17, 2026 · 1 publisher
- The SEC stopped grading exclusions, so issuers now mark their own proxy ballots
Invest · August 14, 2026 · 1 publisher