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May 07

In this edition

Governance

Standards >>

Companies >>

Activism >>

Research  >>

People >>

CSR

Ethics >>

Environment >>

SRI >>

Health & Safety >>

Features

Academic View >>

NAPF & RREV - Let's set the record straight

There appears to be unhelpful confusion about the relationship between the NAPF, a UK-based Trade Association and RREV,  a commercial service provider owned by  US proxy advisor ISS. More >>

Governance

Standards & Guidance

EU and US take action on accounting convergence

The European Parliament has proposed a resolution that will force the Commission to rethink its plans to ratify the controversial international financial reporting standard 8 (IFRS 8).  More >>

Companies

Ignominious end to Browne's reign at BP

Lord Browne has resigned as chief executive of BP, the oil giant, over his admission that he lied to a UK court. More >>

Research

US CEO pay rises with strong profits

Annual bonuses for chief executives at the US’ largest companies shot up 13% last year, to a median of $2.2m, analysis by Watson Wyatt has found. More >>

Activism

Briefs .....

Carl Icahn, the activist investor, has accused Motorola’s management of a lack of engagement and oversight, and repeated his call for shareholders to support his election to the US communication company’s board. More >>

People

Siemens scandal claims chairman and CEO

Heinrich von Pierer is to stand down as supervisory board chairman of Siemens, the scandal-hit engineering group, on 25 April. This preceded Klaus Kleinfeld’s announcement that he will not be extending his contract as chief executive in September. More >>

Academic Round up

Manifest-I presents a summary of recently released academic papers on international corporate governance issues.

More >>

Conferences

Topical governance and CSR-related conferences.

More >>

Corporate Social Responsibility

Best Practice & Ethics

Dow accused of leaving investors in dark over Bhopal liabilities

Amnesty International USA has accused Dow Chemical of secretly pressuring the Indian government to rid the company of its legal liabilities over the Bhopal toxic chemical disaster, and has called on the US Securities and Exchange Commission to open an investigation. More >>

Environment

Chinese company tops Greenpeace poll

Lenovo has made a surprise showing in Greenpeace’s latest ranking of electronic manufacturers' recycling and toxic content policies. More >>

Socially Responsible Investment

Investors take on toxic product risks

This year’s US voting season is witnessing a major push against companies associated with toxic product risks, the number of related resolutions having been filed jumping from three in 2004-2005 to 17 in 2006-2007. More >>

Health & Safety

Lessons to be learned from Buncefield

The latest report by the Buncefield Major Incident Investigation Board has recommended improvements in the design and operation of UK sites that store and transfer petroleum products. More >>

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