Feb 07 Edition

Governance

Companies >>

Activism >>

Standards  >>

Research >>

People >>

CSR

SRI
Environment >>

Ethics >>

Features

Academic View >>

<< Previous Section | Next Section >>

Standards & Guidance

New York needs to change to remain top financial centre

Michael Bloomberg, mayor of New York, has delivered a stark warning that stringent regulation and high litigation risk is threatening the city’s status as a global financial market.

More >>

AIDB criticised over Mayflower investigation

The Accounting Investigation and Discipline Board’s (AIDB’s) investigation into the collapse of Mayflower was criticised by the disciplinary tribunal which cleared David Donnelly, former finance director at the vehicle manufacturer, and its auditor, PricewaterhouseCoopers. More >>

Shareholder rights directive closer to approval across EU

The EU's shareholder rights directive is due to have its first reading in the European Parliament on 13 March.

More >>

Forward-looking information lacking in narrative reporting

UK companies are failing to provide sufficient forward-looking information, the Accounting Standards Board's (ASB’s) review of narrative reporting in 2006 has found.

More >>

Auditor liability cap considered across EU

A consultation on the possibility of introducing a cap on auditor liability has been launched by the European Commission. Charlie McCreevy, internal market commissioner, said reform was being considered in response to an increasing trend of litigation against auditors and the threat to the market the collapse of a Big Four firm could present. More >>

New French executive pay code published

Public opinion and the reactions of stakeholders should be taken into account “to the greatest extent possible” when setting executive compensation, according to the new recommendations on executive pay from French business groups MEDEF and Association Francaise des Entreprises Privées (AFEP). More >>

European Commission consults on third party auditors

The European Commission is consulting on its supervision of auditors from outside the EU - so-called third party auditors - which was introduced as part of the statutory audit directive passed last year. More >>

Women still underrepresented in the boardroom

Despite the Equal Opportunities Commission (EOC) having existed for 30 years, its latest survey has found women remain underrepresented in UK boardrooms, making up just 10% of directors at FTSE 100 companies. More >>

Briefs .....

Majority voting for directors, Section 404 of the Sarbanes- Oxley Act (requiring company assessment of internal controls) and clear links between top executive pay and performance have been backed by a joint task force convened in the US by the Council of Institutional Investors and the National Association of Corporate Directors. More >>

<< Previous Section | Next Section >>

 © Manifest Information Services Ltd

Contact | Legal | Top of Page | Manifest-I Home