Tax

Company tax disclosure has improved in the UK according to the Financial Reporting Council (FRC). In a new review of 33 companies’ reports and accounts the FRC found evidence of improvements in the transparency of disclosures included in strategic reports …

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The Principles for Responsible Investment (PRI), The United Nations Environment Program Finance Initiative (UNEP FI) and The Generation Foundation, have published US and UK roadmaps, which set out recommendations to fully embed the consideration of environmental, …

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Every FTSE 100 company board should have at least non-white director by 2021 and each FTSE 250 Board by 2024 in a bid to boost ethnic diversity at the top level of British companies. This is the recommendation of a …

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Theresa May UK PM

UK fund managers members take executive pay reform seriously according to the UK’s Investment Association, which this week responded to the recommendations of the Executive Remuneration Working Group. In its new Principles of Remuneration, the IA suggests that rather …

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US SEC improves shareholder democarcy

In a move to improve shareholder democracy the US Securities and Exchange Commission (SEC) has proposed that universal proxy cards be introduced that allow investors to vote for directors as they would if they attended the company’s annual general meeting. …

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pensions trustees ESG

CDP, the environmental NGO is calling on investors and firms to adapt quickly to a low carbon future. In a new report  Out of the Starting Blocks,  CDP in partnership with We Mean Business, presents its first annual …

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Ardent Leisure Logo

Australian entertainments group, Ardent Leisure, held its AGM just two days after an accident at its theme park Dreamworld in which four people died and two children were injured on a river rapids ride. The out-going chairman, Neil Banaves, …

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canstockphoto3458651

Set against a backdrop of stagnant economic growth and societal discontent with the political status quo, global investors and corporations face ever growing risks and challenges. Having initially stabilised the sinking ship in the immediate aftermath of the GFC, governments, …

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Peter Ritchie

Mortgage Choice (ASX:MOC) chairman, Peter Ritchie, has resigned abruptly, raging at proxy advisors for “damaging Australian business” after another bruising shareholder revolt at last week’s AGM.

Close to 80% of the Australian firm’s independent shareholders voted against the …

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Governance codes around the world

Governance codes around the world

Taiwan

Corporate Governance Best-Practice Principles update

In response to the latest G20/OECD Principles of Corporate Governance, Taiwan has updated its Corporate Governance Best-Practice Principles for companies listed on its stock exchanges.

Key changes include allowing investor engagment; creation of …

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