The diversity of the leadership of the UK’s top 100 companies has risen but this has largely been driven by increased gender diversity while ethnic diversity has plateaued according to a report by executive search firm Green Park.
This …
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The UK’s Financial Reporting Council (FRC) has begun a consultation on amendments to its guidance on the strategic report which aims to improve non-financial reporting by companies. The guidance was originally issued in 2014 when strategic reports were introduced.
The …
Read MoreAIM-listed Telit Communications has dismissed its chief executive, Oozi Cats, following the revelation that he had faced criminal charges and was on run from the US authorities. Yosi Fait, the financial director was appointed as interim chief executive.
Following …
Read MoreSustainable investment specialist, Walden Asset Management, has withdrawn a resolution due to be voted on at a Vanguard mutual fund meeting in November. The resolution had challenged the proxy voting records on shareholder resolutions addressing significant social and environmental
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Japanese company, Toshiba, which has been restructuring after admitting accounting failures in 2015 has published its annual report for 2016 after receiving a qualified opinion from its auditor, PWC Arata, which meant the firm avoided being delisted from …
Read MoreTwo private investors are taking legal action against Commonwealth Bank of Australia (CBA) for failing to adequately disclose climate change risk in the bank’s 2016 annual report. The shareholders are being represented by Environmental Justice Australia which has filed a …
Read MoreNo, says veteran US corporate governance activist James McRitichie, In his blog, CorpGov.net, Jim emphatically rebuts the claims made in a paper recently published by the US Chamber of Commerce’s Center for Capital Markets Competitiveness which argues that the …
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The UK’s Financial Reporting Council (FRC) has removed its tier three category of asset managers, which suggested they required improvement, in their adherence to its stewardship code.
The FRC launched an assessment in December 2015 of the signatories to …
Read MoreAIM-listed Real Good Food has admitted to not disclosing payments to directors in its related parties transaction notes within its annual reports for three financial years from 2014 to 2016.
These notes should have revealed the payment of consultancy fees …
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