CED Hosts New York City Corporate Governance Forum
CED hosted a forum on the role of institutional investors in corporate governance, with over 50 business leaders in attendance. The forum was hosted by CED Trustee Martin Cohen, Managing Director and Corporate Secretary, Morgan Stanley, at the Morgan Stanley headquarters in New York.
CED Trustee Roger Ferguson, President and Chief Executive Officer of TIAA-CREF delivered keynote remarks on how shareholder engagement, if used properly, can lead to more efficient, effective and ultimately better run organizations from a long term perspective. Mr. Ferguson then joined a panel of corporate governance and business ethics experts, including Stephen Davis, Executive Director of the Millstein Center for Corporate Governance and Performance, Yale School of Management; CED Trustees R. Glenn Hubbard, Dean, Columbia School of Business; and William Donaldson, Former SEC Chairman, currently Chair of Donaldson Enterprises.
Institutional investors: part of the problem or part of the solution? The panel reacted to this question and others posed by moderator and CED Trustee Ben W. Heineman, Jr. Senior Fellow, Belfer Center for Science and International Affairs, Harvard University.