Board-Shareholder Engagement

Board-Shareholder Engagement

Because today’s shareholders expect more direct engagement with boards, boards must determine how to communicate with shareholders. This resource center contains material to develop appropriate protocols for board-shareholder communications and promote effective relationships with investors.

Thought Leadership & Research

Board-shareholder engagement in the new investor environment The “who, what, when, and how” of board-shareholder communications Engaging with investors on oversight of long-term strategy Benchmarking data on investor engagement Director-investor dialogue on building a strategic-asset board NACD Director FAQ memo on Regulation Fair Disclosure How institutional investors use proxy advisory firms

Expert Commentary

Interview with former P&G CFO on advocating for Trian Engaging investors for long-term value creation Engaging investors on sustainability Overcoming challenges in engaging shareholders Developing a shareholder communication plan Activist campaigns in the first half of 2017 Review of activist campaigns in 2016 How to think like an activist investor Maintaining board unity during a hostile takeover Communicating with retail investors Exemplary letters to shareholders in 2017

Advisory Services

NACD's in-boardroom education programs help boards continuously deliver value

Boardroom Tools & Templates

Microsoft's director video series Bloomberg video interview with Starboard CEO Jeff Smith on strategy for Macy’s Prudential Financials’ 2017 proxy statement includes letters and videos from board leaders Guidelines for preparing for discussions with shareholders Hanesbrand Inc.’s board communication policy Key players in shareholder communications and topics of discussion Required SEC filings

Upcoming Events

Preparing for the 2019 proxy season (webinar, Nov. 8, 2018) Master Class Director Professionalism® NACD Global Board Leaders’ Summit (Sep. 21–24, 2019, in Washington, DC)

Institutional Investor & Pension Fund Guidelines and Priorities

Larry Fink, BlackRock CEO, Annual Letter to CEOs F. William McNabb III, Vanguard CEO, Open Letter to Directors of Public Companies Worldwide Ron O’Hanley, State Street CEO, Message to Directors of Public Companies California State Teachers’ Retirement System (CalSTRS) Corporate Governance Overview California Public Employees’ Retirement System (CalPERS) Governance & Sustainability Principles New York City Office of the Comptroller