For some companies, the ability for shareholders to have a voice is a source of constant annoyance.
For proxy voting agents, such as Minerva, understanding the rules of the game and where the lines are drawn is key.
Shareholder rights …
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The UK government has suspended gender pay gap reporting due to heightened uncertainty from the coronavirus crisis.
The decision has been made by the government’s Equalities Office and the Equality and Human Rights Commission to alleviate pressure on employers that …
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Virtual AGMs: Time to prepare
Companies, regulators and markets are increasingly realising that the AGM season will be severely disrupted by the COVID19 pandemic.
As social distancing becomes the norm, traditional annual meetings where shareholders gather to hear CEO presentations …
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UK companies can delay submitting their accounts to Companies House without penalty for up to three months, the government has announced.
The measure, the latest issued in the response to the Covid19 coronavirus outbreak, is aimed at reducing pressure on …
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As the UK entered COVID19 lockdown last week, Minerva wrote to regulators asking for their intervention to create an orderly market in AGMs. Today a letter has been sent to quoted companies asking them to clarify their AGM proposals, alerting …
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Accountants commit to improve corporate climate disclosure
A group of prominent accounting bodies, representing over 2.5 million accountants globally, have signed an “urgent” call to action pushing the profession to agree standards on climate change.
The 14 bodies and 13 …
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Business leaders agree ESG-aligned remuneration pledge
A new manifesto aiming to align executive pay to ESG-related criteria has been welcomed by company CEOs.
Gathering at the World Economic Forum’s (WEF) International Business Council meeting, held in Davos this week, the …
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BoE’s Haldane: Shareholder-focused capitalism beginning to fray
The Bank of England’s chief economist has questioned the UK’s corporate governance model – suggesting it should be overhauled to focus not just on shareholders but wider society, too.
During a speech at …
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DoJ cautions SEC over proxy advice proposals
The US Department of Justice (DoJ) has expressed deep concerns over proxy advisor rule amendments proposed by the country’s financial regulator, warning the changes could quash competition in the advisory market and restrict …
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One of the largest fund managers in Europe is pressing all companies in which it invests to employ the Taskforce for Climate-related Financial Disclosures (TCFD) framework to help boost their climate risk efforts.
The move is being seen as a …
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