The Voice of Corporate Governance
CII’s podcast is one of many platforms CII offers members to access timely information and perspectives and to increase public attention to critical issues and developments in corporate governance and capital markets. The target audience for our podcast is CII Members, other institutional investors, public companies, securities lawyers, proxy advisory firms and other institutional investor service providers. The podcast is free to the public and available on all major podcast listening platforms, and is not sponsored or paid for by advertisements.
CII’s Monthly Governance and Capital Market Regulation Update (Oct 9 - Nov 2)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from October 9 to November 2, 2026. Some of the topics addressed include:
The Shadow SEC's October 13th statement, "Retain Rule 14a-8," published in Columbia Law School's Blue Sky BlogCII's new webpage focusing on the value and utility of shareholder proposalsThe passing of Steven Harris, who served for years on the U.S. Senate Banking Committee and on the Public Company Accounting Oversight Board, and was instrumental in the passage of the groundbreaking Sarbanes-Oxley Act of 2002Pre-IPO Compensation Costs with Sven Riethmueller
In this episode, CII General Counsel Jeff Mahoney sits down with Sven Riethmueller, Clinical Professor of Law and Director of the Entrepreneurship & Innovation Clinic at Yale Law School, to discuss his research paper entitled "Beetles with Ballooning Burdens: Pushing Out Pre-IPO Compensation Costs Until the RSU Reckoning."
Professor Riethmueller details how the paper scrutinizes the stock-based compensation practices of pre-IPO unicorns in the United States and what risks this poses to institutional investors, and details his recommendations for regulatory reforms to address the issue.
CII’s Monthly Governance and Capital Market Regulation Update (Sept 1 - Oct 9)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from September 1 to October 9, 2026. Some of the topics addressed include:
The SEC's proposed rules to rescind Rule 14a-8, the rule regulating inclusion of shareholder proposals in companies’ proxy materialsCII's amicus brief urging the 7th Circuit Court of appeals court to affirm the Indiana federal district court’s ruling against Indiana law H.B. 1273 "Requirements for proxy advisors"Perspectives from former SEC commissioners Kara Stein and Troy Paredes on the commission's work during their tenures and going forwardCII’s Monthly Governance and Capital Market Regulation Update (July 30 - Sept 1)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from July 30 to September 1, 2026. Some of the topics addressed include:
The U.S. Securities and Exchange Commission's (SEC) Aug. 14 announcement that it will no longer respond to shareholder proposal no-action requests from companies, and CII Executive Director Glenn Davis's statement that the decision marks a setback for shareholder voice and removes a process that has long provided predictability and reduced litigation risk.CII's comment letter to the SEC opposing the Texas Stock Exchange's (TXSE) proposal to require brokers to vote uninstructed shares...Reincorporations and Nevada Corporate Law with Benjamin Edwards
In this episode, CII General Counsel Jeff Mahoney sits down with Benjamin Edwards, Associate Dean for Faculty Development and Research and Professor of Law at the UNLV William S. Boyd School of Law, and Senior Of Counsel at Wilson Sonsini Goodrich & Rosati. They discuss recent trends in reincorporations between Delaware, Nevada, and Texas, and key differences between Delaware and Nevada corporate law that investors should be aware of before voting on proposed reincorporations.
CII’s Monthly Governance and Capital Market Regulation Update (July 2 - 30)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from July 2-30, 2026. Some of the topics addressed include:
CII’s comment letter to the U.S. Securities and Exchange Commission (SEC or Commission) opposing the Commission’s May 2026 proposal to re-write filer-status categories for public companiesRepresentative Sean Casten (Illinois-6) introduced legislation endorsed by the Council of Institutional Investors and 14 CII members that would require, consistent with CII membership approved policies, companies with two or more classes of stock to disclose vote tallies that include a breakdown of results by classCII’s commen...Investors & Reincorporations with Ann Lipton and Michael Levin
In this episode, CII’s General Counsel Jeff Mahoney sits down with the co-hosts of the Shareholder Primacy podcast, Ann Lipton and Michael Levin, to get their views on reincorporations. Ann and Michael illustrate what they believe should be the key considerations for a long-term shareholder when voting on whether to approve a reincorporation of a hypothetical Delaware public company to (1) Nevada, (2) Texas, and/or (3) the Cayman Islands. Ann and Michael also rank the order their preferred reincorporation destinations and explain their rationales.
CII’s Monthly Governance and Capital Market Regulation Update (May 28 - July 2)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from May 28 to July 2, 2026. Some of the topics addressed include: leadership vacancies at the SEC, FDIC, and Export-Import Bank, CII's letter to SpaceX on its IPO, and the CII's letters to the SEC on the Commission's Draft Strategic Plan, proposal to replace quarterly reporting with semi-annual reporting, and Nasdaq's proposal for additional listing criteria for Chinese companies. CII's letters can be found here.
Nevada v. Delaware with Michal Barzuza
In this episode, CII General Counsel Jeff Mahoney sits down with Michal Barzuza, a Professor of Law at the University of Virginia School of Law. Professor Barzuza is the author of a recent article "Nevada v. Delaware," which compares and contrasts the corporate laws of Nevada and Delaware. Among the topics discussed on this episode: (1) the Professor’s views on the key factors that institutional investor should consider when voting on a proposed reincorporation from Delaware to Nevada; (2) the Professor’s research findings regarding the accounting practices of Nevada companies; and (3) the Professor’s recommendation that either the courts or fede...
CII’s Monthly Governance and Capital Market Regulation Update (April 30 - May 28)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from April 30 to May 28, 2026. Some of the topics addressed include: CII’s letter to the PCAOB on its 2026-2030 strategic plan, shareholders voting against say-on-pay proposals, and the SEC’s proposed reductions to public companies’ reporting requirements.
Controllers Unbound with Lucian Bebchuk and Kobi Kastiel
In this episode, CII General Counsel Jeff Mahoney interviews Lucian Bebchuk, the James Barr Ames Professor of Law, Economics, and Finance, and Director of the Program on Corporate Governance at Harvard Law School and Kobi Kastiel, Professor of Law at Tel Aviv University. Professors Bebchuk and Kastiel are the co-authors of a recently issued research article, forthcoming in the Texas Law Review, entitled the “Controllers Unbound,” which analyzes how the relaxation of constraints on controlling shareholders at public companies incorporated in Delaware is expected to affect investors and the economy. The article identifies risks for both public investors and the b...
The New Political Economy of Delaware Corporate Lawmaking with Professor Ed Rock
In this episode, CII General Counsel Jeff Mahoney sits down with Edward Rock, the Martin Lipton Professor of Law, and Director of the Institute for Corporate Governance & Finance, at the NYU School of Law. Professor Rock is the co-author of a recent research paper entitled "The New Political Economy of Delaware Corporate Lawmaking." The paper discusses how changes in the capital and legal markets, particularly the rise of dual-class controlled companies, are reshaping the state’s lawmaking process. To address these changes, the authors propose replacing the current “Corporation Law Council” with a legislatively created “Corporation Law Commission” that prioritize...
The New Political Economy of Delaware Corporate Lawmaking with Professor Ed Rock
In this episode, CII General Counsel Jeff Mahoney interviews Edward Rock, the Martin Lipton Professor of Law, and Director of the Institute for Corporate Governance & Finance, at the NYU School of Law. Professor Rock is the co-author of a recent research paper entitled "The New Political Economy of Delaware Corporate Lawmaking."
CII’s Monthly Governance and Capital Market Regulation Update (March 26 – April 30)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from March 26 to April 30, 2026. Some of the topics addressed include: CII’s comment letter to the SEC on Regulation S-K disclosures, trends in CII Members’ updated proxy voting and stewardship policies, CII’s new dashboard tracking Rule 14a-8 no-action notifications, and the CII Research and Education Fund’s new resource comparing of jurisdictional approaches among Delaware, Nevada, Texas and the Cayman Islands.
Delaware's Agency Problem with Professor Charles Whitehead
In this episode, CII’s General Counsel, Jeff Mahoney interviews Charles K. Whitehead, the Myron C. Taylor Alumni Professor of Business Law at Cornell Law School. In the episode Professor Whitehead discusses his article entitled “Delaware's Agency Problem.” Professor Whitehead explains why Delaware’s lawmaking process for amending their corporate law statutes has a “second order agency problem.” He then describes specific procedural reforms that he believes should be adopted to resolve the problem. He also discusses specific actions that institutional investors should consider in support of the adoption of his suggested reforms.
CII’s Monthly Governance and Capital Market Regulation Update (March 3-26)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from March 3 through to March 26, 2026. Some of the topics addressed include: the separate comments of Securities and Exchange Commission (SEC) Chairman Paul Atkins and Ranking Member of the Committee on Banking, Housing, and Urban Affairs (Senate Banking Committee) Senator Elizabeth Warren at CII’s Spring conference; and a letter from a bi-partisan group of 18 Senate Banking Committee members to Chair Atkins urging the SEC to examine Chinese companies’ reliance on variable interest entities to be listed on U.S. exchanges.
CII’s Monthly Governance and Capital Market Regulation Update (Feb. 3 - March 3)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from February 3 through March 3, 2026. Some of the topics addressed in this episode include: New CII research showing a decline in equal voting rights when reviewing initial public offerings in 2025, various investor lawsuits against public companies that omitted shareholder proposals from their annual proxy statements, and the introduction of the Enhancing Multi-Class Share Disclosures Act in the Senate.
Winning in the Face of Change with Pat Niemann
In this episode, CII General Counsel Jeff Mahoney interviews Pat Niemann, Leader of EY Americas Center for Board Matters, on the results of a 2025 survey of corporate board members: What drives board effectiveness amid uncertainty.
Pat also leads the EY Audit Committee Forum and previously managed Ernst & Young LLP’s Los Angeles office and audit practice.
CII’s Monthly Governance and Capital Market Regulation Update (Jan. 6 - Feb. 3)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from January 6 through February 3, 2026. Some of the topics addressed in this episode include: The SEC's announcement objecting to the use of exempt solicitations by smaller shareholders; Proposed revisions to Regulation S-K; Developments in Delaware corporation law; and CII's letter to the SEC supporting Nasdaq's proposal on new listing standards for Chinese companies.
CII’s Monthly Governance and Capital Market Regulation Update (Dec. 2, 2025 - Jan. 6, 2026)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from December 2, 2025 – January 6, 2026. Some of the topics addressed in this episode include: President Donald Trump’s executive order relating to proxy advisors; provisions of the National Defense Authorization Act for Fiscal Year 2026 that were approved by Congress and signed into law by President Trump; and CII’s letter to SEC Chairman Paul S. Atkins regarding the Rule 14a-8 process.
CII’s Monthly Governance and Capital Market Regulation Update (October 28 - December 2)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from October 28 through December 2, 2025.
The Shadow SEC and Quarterly Reports with Professor James Cox
In this episode, CII General Counsel Jeff Mahoney interviews James D. Cox, a member of the Shadow SEC and the Brainerd Currie Distinguished Professor of Law at Duke University. Their discussion covers the Shadow SEC's view of SEC Chair Paul Atkin’s plans to scrap quarterly reporting.
CII’s Monthly Governance and Capital Market Regulation Update (October 1-28)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from October 1-28, 2025.
Courts, Legislation and Delaware Corporate Law with Professor Kobi Kastiel
In this episode, CII General Counsel Jeff Mahoney interviews Kobi Kastiel of Tel Aviv University, Harvard Law School and the European Corporate Governance Institute. Professor Kastiel is a co-author of a recently issued research paper entitled the "Courts, Legislation, and Delaware Corporate Law."
CII’s Monthly Governance and Capital Market Regulation Update (September 2 - October 1)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from September 2 to October 1, 2025.
CII’s Monthly Governance and Capital Market Regulation Update (August 4 - September 2)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from August 4 to September 2, 2025.
The Price of Delaware Corporate Law Reform with Roberto Tallarita
In this episode, CII General Counsel Jeff Mahoney interviews Roberto Tallarita, Assistant Professor of Law, Harvard Law School. Professor Tallarita is the co-author of a recent research paper entitled "The Price of Delaware Corporate Law Reform."
CII’s Monthly Governance and Capital Market Regulation Update (June 30 - August 4)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from June 30 to August 4, 2025.
Texas, Delaware, and the New Controller Primacy with Christine Hurt
In this episode, CII General Counsel Jeff Mahoney interviews Christine Hurt, Senior Associate Dean for Academic Affairs, the Alan R. Bromberg Centennial Chair in Corporate, Partnership, Business and Securities Law, and Professor of Law at the Southern Methodist University Dedman School of Law. Professor Hurt is the author of a new research paper titled "Texas, Delaware, and the New Controller Primacy."
CII’s Monthly Governance and Capital Market Regulation Update (June 3-30)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from June 3-30, 2025.
Havens for Corporate Lawbreaking with William Moon
In this episode, CII General Counsel Jeff Mahoney interviews Professor William J. Moon, the J.B. and M.K. Pritzker Family Foundation Distinguished Visiting Professor of Law, Northwestern Pritzker School of Law & Edward M. Robertson Professor of Law, University of Maryland Carey School of Law. Professor Moon is the author of a recent essay “Havens for Corporate Lawbreaking” that discusses the trend of jurisdictions undercutting the legal compliance obligations of directors and officers.
CII’s Monthly Governance and Capital Market Regulation Update (May 6 to June 3)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from May 6 to June 3, 2025.
An Examination of Critical Audit Matter Disclosure Quality with Keith Czerney
In this episode, CII General Counsel Jeff Mahoney interviews Keith Czerney, Associate Professor and PricewaterhouseCoopers Faculty Scholar at the Robert J. Trulaske, Sr. College of Business at the University of Missouri-Columbia. Professor Czerney is a co-author of a recent research paper entitled An Examination of Critical Audit Matter Disclosure Quality.
In related news - In its continuing efforts to improve the quality of information communicated to investors in the audit opinions of public companies, the Public Company Accounting Oversight Board’s Investor Advisory Group (IAG) is seeking nominations from the general public, including public companies (management and bo...
CII’s Monthly Governance and Capital Market Regulation Update (April 1 to May 6)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from April 1 to May 6, 2025.
The Shadow SEC with James Cox
In this episode, CII General Counsel Jeff Mahoney interviews James D. Cox, the Brainerd Currie Distinguished Professor of Law at Duke University. Cox is a member of The Shadow SEC, a recently formed independent organization of six current academics that, like the earlier established Federal Reserve Shadow Open Market Committee, is intended to provide, encourage, facilitate and distribute policy discussions and debates relating to the federal securities laws and the SEC.
CII’s Monthly Governance and Capital Market Regulation Update (March 4 to April 1)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from March 4 to April 1, 2025. This includes two updates to CII's Policies on Corporate Governance (on reincorporation and stealth dual-class stock) and CII's recent advocacy efforts in the Delaware legislature opposing Senate Bill 21.
The Corporation of the 21st Century with Sir John Kay
In this episode, CII General Counsel Jeff Mahoney interviews renowned British Economist Sir John Kay. Sir John Kay is the author of a new book entitled The Corporation in the Twenty-First Century: Why (Almost) Everything We Are Told About Business Is Wrong.
CII’s Monthly Governance and Capital Market Regulation Update (Feb. 5 to March 4)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from February 5 to March 4, 2025, including an in-depth Q&A covering the SEC's new guidance on submitting 13D and 13G filings as it applies to institutional investors.
Shareholder Voice and Executive Compensation with John Barry
In this episode, CII General Counsel Jeff Mahoney interviews John W. Barry, Assistant Professor of Finance at Rice University. Professor Barry is the co-author of a recent research paper entitled "Shareholder Voice and Executive Compensation."
CII’s Monthly Governance and Capital Market Regulation Update (Jan. 7 to Feb. 5)
This episode features CII General Counsel Jeff Mahoney covering the top 10 important events affecting institutional investors from January 7 to February 5, 2025.