The independent shareholders of Alphabet, Google’s parent company, overwhelmingly supported a shareholder resolution asking company management to recapitalise the share structure so that each share has one vote at its recent AGM (7th June).
The resolution was put forward
The Organisation for Economic Co-operation and Development (OECD) has published its Annual Report on the OECD Guidelines for Multinational Enterprises (MNE) 2016 – the year which marked their 40th anniversary. The report’s publication came just before the annual OECD’s global …
Read MoreThe UK’s Financial Conduct Authority (FCA) has proposed a series of changes to improve the governance of fund managers, to strengthen their duty to act in the best interests of investors and to use its senior managers regime to bring …
Read MoreKenya has adopted an investor stewardship code as part of its development as an attractive market for financial investment.
The stewardship code was enacted by the country’s Capital Markets Authority which last year published a corporate governance code, developed …
Read MoreThere are no legal or regulatory barriers to pension funds, whether defined contribution or defined benefit, making investments that support the wider social good, according to a new report by the UK’s Law Commission. Current barriers identified by the …
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Companies seeking to list on South Africa’s Johannesburg Securities Exchange (JSE) will now have to comply with the King IV corporate governance codes (King IV), which was published last year, as part of amended listing requirements. Companies already listed …
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The Task Force on Climate-related Financial Disclosures (TCFD) set up by the Financial Stability Board will be publishing its final recommendations on Monday (29th June).
This follows a consultation on its initial report which was published in December which the …
Read MoreThe UK’s Serious Fraud Office (SFO) has charged the banking group Barclays and four former executives with conspiracy to commit fraud and unlawful financial assistance given to the Qatar government when it provided funding during the 2008 financial crisis. This …
Read MoreUber’s founder and chief executive Travis Kalanick, who last week said he would take indefinite leave, has now resigned from his post although he remains on the board of the technology-driven ride-hailing company, following pressure by shareholders, reports state.…
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