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, …
Read MoreSet 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, …
Read MoreMortgage 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 …
Read MoreTaiwan
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 …
Read MoreInclusive workplaces and effective staff engagement will boost the country’s economy as well as creating better places for work according to the Confederation of British Business (CBI). In a new report, Time for Action: The Business Case for Inclusive …
Over half of the Sky’s (LON: SKY) independent shareholders rebelled against the election of James Murdoch as a non-executive director at last week’s AGM following his appointment as chairman earlier this year.
Overall Murdoch received 71.6% support for his re-election, …
Read MoreNevsun Resources, (TSX: NSU / NYSE MKT: NSU) will face charges of forced labour in the Canadian courts, even though the allegations of slavery by its Bisha Mining Share Company subsidiary occurred in Eritrea. However, the three Eritrean men …
Read MoreJohn Stumpf, the chairman and chief Executive (CEO) of troubled US bank Wells Fargo, has quit following admissions of fraudulent activities, including the opening of customer accounts without permission. Stumpf’s replacement as CEO is Tim Sloan, the company’s president …
Read MoreCanada has introduced a bill aimed at improving its corporate governance framework. An Act to amend the Canada Business Corporations Act (CBCA), the Canada Cooperatives Act, the Canada Not-for-profit Corporations Act and the Competition Act includes proposals to increase shareholder …
Read More