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    <title>USA Post 21 — Governance</title>
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    <description>Coverage of board practice: director independence, fiduciary standards, audit and pay committees, shareholder proposals and proxy disclosure.</description>
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      <title>The SEC&apos;s Climate Disclosure Rules Are Adopted, Stayed, and Contested</title>
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      <description><![CDATA[The SEC adopted climate disclosure rules in March 2024, stayed them within a month, and stopped defending them in 2025. The procedural record, in order.]]></description>
      <pubDate>Fri, 28 Aug 2026 08:58:06 GMT</pubDate>
      <dc:creator>Ines Oliveira</dc:creator>
      <category>Governance</category>
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      <title>How a Delaware Derivative Suit Actually Works, Step by Step</title>
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      <description><![CDATA[Demand, futility, Caremark oversight claims, and court-approved settlements: the procedural spine of a Delaware shareholder derivative action, explained.]]></description>
      <pubDate>Wed, 26 Aug 2026 08:58:05 GMT</pubDate>
      <dc:creator>Ines Oliveira</dc:creator>
      <category>Governance</category>
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      <title>How the SEC&apos;s Whistleblower Award Program Works Under Dodd-Frank</title>
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      <description><![CDATA[A step-by-step look at eligibility, award size, and retaliation protections under the SEC's Dodd-Frank whistleblower program, drawn from the agency's own program materials and its fiscal 2025 report to Congress.]]></description>
      <pubDate>Wed, 19 Aug 2026 08:51:59 GMT</pubDate>
      <dc:creator>Ines Oliveira</dc:creator>
      <category>Governance</category>
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      <title>How Rule 14a-8 Governs Shareholder Proposals Now That the SEC Has Stepped Back</title>
      <link>https://usapost2021.com/governance/how-rule-14a-8-governs-shareholder-proposals-now-that-the-sec-has-stepped-back-dda9a08e/</link>
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      <description><![CDATA[The mechanism that lets shareholders force a board vote hasn't changed. The referee that used to settle disputes over it just left the field.]]></description>
      <pubDate>Sat, 15 Aug 2026 08:51:57 GMT</pubDate>
      <dc:creator>Ines Oliveira</dc:creator>
      <category>Governance</category>
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      <title>Board Minutes and Records: What to Document, Retention Rules and Section 220</title>
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      <description><![CDATA[Board minutes explained: what to document and omit, approval timing, retention duties, and how Section 220 books-and-records demands test the quality of the record.]]></description>
      <pubDate>Fri, 24 Jul 2026 12:00:00 GMT</pubDate>
      <dc:creator>Ines Oliveira</dc:creator>
      <category>Governance</category>
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      <title>Board Diversity Disclosure After the Nasdaq Rule Fell: What Companies Still Report</title>
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      <description><![CDATA[Board diversity disclosure after the Fifth Circuit struck Nasdaq's rule: what Item 407 still requires, which state laws survive, and investor expectations now.]]></description>
      <pubDate>Wed, 01 Jul 2026 12:00:00 GMT</pubDate>
      <dc:creator>Yuki Tanaka</dc:creator>
      <category>Governance</category>
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      <title>Proxy Access Explained: How Shareholders Place Director Nominees on the Company Ballot</title>
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      <description><![CDATA[Proxy access explained: access bylaws' 3-percent-three-year standard, Rule 14a-8 history, universal proxy mechanics and how boards prepare for nominations.]]></description>
      <pubDate>Sat, 13 Jun 2026 12:00:00 GMT</pubDate>
      <dc:creator>Ines Oliveira</dc:creator>
      <category>Governance</category>
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      <title>CEO Succession Planning as a Board Duty: Emergency Plans and Standing Processes</title>
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      <description><![CDATA[CEO succession as a board duty: standing processes, emergency plans, Caremark key-person exposure, NYSE requirements and founder-transition practice.]]></description>
      <pubDate>Thu, 21 May 2026 12:00:00 GMT</pubDate>
      <dc:creator>Yuki Tanaka</dc:creator>
      <category>Governance</category>
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      <title>Dual-Class Share Structures: Founder Control, Sunset Clauses and Investor Pushback</title>
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      <description><![CDATA[Dual-class share structures explained: supervoting founder shares, sunset clause types, entire-fairness exposure as controllers, and investor index pushback.]]></description>
      <pubDate>Tue, 28 Apr 2026 12:00:00 GMT</pubDate>
      <dc:creator>Ines Oliveira</dc:creator>
      <category>Governance</category>
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      <title>ESG Disclosure Rules Explained: ISSB, CSRD and California&apos;s Climate Laws</title>
      <link>https://usapost2021.com/governance/esg-disclosure-governance-frameworks-explained/</link>
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      <description><![CDATA[ESG disclosure explained: ISSB S1/S2 adoption, the EU's Omnibus cuts to CSRD scope, California's SB 253 and 261, and what replaced the SEC climate rule.]]></description>
      <pubDate>Sun, 05 Apr 2026 12:00:00 GMT</pubDate>
      <dc:creator>Ines Oliveira</dc:creator>
      <category>Governance</category>
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      <title>Independent Directors Explained: The Tests, the Limits and Why Boards Need Them</title>
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      <description><![CDATA[Independent directors explained: NYSE and Nasdaq bright-line tests, Delaware's functional inquiry, special-committee roles and why independence changes litigation.]]></description>
      <pubDate>Fri, 13 Mar 2026 12:00:00 GMT</pubDate>
      <dc:creator>Ines Oliveira</dc:creator>
      <category>Governance</category>
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      <title>Board Committees Explained: What Audit, Compensation and Nominating Committees Actually Do</title>
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      <description><![CDATA[What audit, compensation and nominating committees actually do: statutory mandates, independence tests, charters and how committee structure allocates liability.]]></description>
      <pubDate>Wed, 18 Feb 2026 12:00:00 GMT</pubDate>
      <dc:creator>Ines Oliveira</dc:creator>
      <category>Governance</category>
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      <title>Say-on-Pay Votes Explained: What Advisory Compensation Ballots Actually Change</title>
      <link>https://usapost2021.com/governance/say-on-pay-executive-compensation-votes/</link>
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      <description><![CDATA[Say-on-pay explained: the advisory vote on executive compensation, what a failed vote requires, and the Tesla litigation's limits on ratification.]]></description>
      <pubDate>Mon, 26 Jan 2026 12:00:00 GMT</pubDate>
      <dc:creator>Ines Oliveira</dc:creator>
      <category>Governance</category>
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      <title>What Is Fiduciary Duty on a Corporate Board? Care, Loyalty and the Business Judgment Rule</title>
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      <description><![CDATA[Fiduciary duty explained: the duty of care, duty of loyalty, business judgment rule and Caremark oversight liability for corporate directors.]]></description>
      <pubDate>Sun, 04 Jan 2026 12:00:00 GMT</pubDate>
      <dc:creator>Ines Oliveira</dc:creator>
      <category>Governance</category>
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