In this guest article, Cliff Weight of remuneration consultants MM&K responds to a comment from David Brimacombe, senior advisor to Nestor Advisors on our January piece: ‘Remuneration Committee “Cronyism” – digging deeper’. The article was written in response …
Read MoreThe AMF, the French equivalent of the FSA, has finally published an English language version of its February 7th report on the conduct of General Meetings at French listed companies.
The report deals with the four broad themes of dialogue …
Read MoreMore rights for shareholders is one of those sure-fire political winners which would seem churlish to object to. But, with the publication of the UK’s proposals to fix the “payments for failure” fiasco, it looks like the UK government is …
Read MoreVince Cable, Secretary of State for Business, Innovation and Skills, this week announced the latest government consultation on executive pay, this time aimed specifically at enhancing shareholder voting rights on the matter.
The consultation seeks opinions on the following outline …
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Manifest’s friends GES invite you to their London 20th anniversary seminar and new website.
GES celebrates its 20th anniversary by hosting a high-profile seminar in London exploring the future for Responsible Investment. At the same time, GES launches a redesigned …
Read MoreThe National Employment Savings Trust (NEST) has appointed The Co-operative Asset Management (TCAM) and Manifest to support its responsible investment strategy. In an innovative joint tender, TCAM and Manifest outlined an robust solution to manage and develop NEST’s evolving stewardship …
Read MoreToday’s announcement by Cairn Energy that it will withdraw resolution 2 at its General Meeting next week, demonstrates that shareholders can act on egregious pay awards when they really want to.
Cairn had proposed the award of shares to Sir …
Read MoreOne of the suggestions made by Vince Cable when answering his parliamentary question in the House of Commons yesterday in relation to his proposals to address executive pay, was that the remuneration report may be subject to a higher support …
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Since we published data on the number of executive directors in the FTSE 100 sitting on remuneration committees of other FTSE 100 companies, a common question we received was … what if you look beyond the FTSE 100? So …
Read MoreLast week, in a speech at a High Pay Commission seminar, the shadow business secretary Chuka Umunna and former Business Secretary Lord Myners both put forward arguments in favour of shareholder nomination committees as a way of improving corporate governance. …
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