Blog - Page 141 of 226 - Minerva-Manifest

UK’s Financial Reporting Council publishes revised audit firm governance code

The UK’s Financial Reporting Council (FRC) has revised the audit firm governance code aiming to improve its visibility, relevance to investors and increase its alignment to the UK’s corporate provenance code. This follows a review carried out into the implementation …

UK’s Executive Pay Working Group releases final recommendations

The Executive Remuneration Working Group, supported by the UK’s Investment Association, has produced 10 recommendations aimed at regaining the public’s trust on executive pay, simplifying the pay structures of top company bosses and improving the alignment of their interests with …

UK’s Takeover Panel annual report published

The UK’s Takeover Panel recently published its 2015-16 annual report. M&A activities in the period under review were similar to those seen in the preceding year according to the report. The report contains information about the work of the …

The Institute of Directors hopes framework will improve director quality

With a backdrop of damning reports from MPs published last week on the demise of the retailer BHS and on poor working practices at Sports Direct, which both identified weak corporate governance as partly to blame for company failures, …

US business leaders call for backing of “common sense corporate governance principles”

A group of 13 US and Canadian fund managers, pension funds and company bosses have taken the unprecedented step of endorsing a set of corporate governance principles in a bid to quell rising unease and conflict around US governance standards.…

A strong, healthy company culture adds long-term value

A strong corporate culture that is embedded throughout a company and reinforced with strong leadership by the chief executive and chairman can produce long-term value for businesses a study by the Financial Reporting Council has found.

The report, based on …

Investors & companies “in the dark over value of the workforce”

Understanding the value of a company’s workforce is important for investors, and companies should improve their reporting on this and be able to link this reporting to their wider company strategy and business model, according to the Pensions and Lifetime …

UK audit report: competition concentration concerns

Confidence in the quality of auditing is improving according to the UK’s Financial Reporting Council, however there remains concerns about the level of concentration in the market which is dominated by four major firms.

The overview of auditing report is …

Shareholder haircuts: ECJ ruling backs Slovenian investors

The Slovenian Shareholders Association (VZMD) says that a European Court of Justice (ECJ) ruling backs their claim for a settlement from the Slovenian government after it restructured its banking sector, including nationalising six banks, during 2013 and 2014.

The European …

Prominent ESG investor objects to US legislators’ plans to curb proxy advisers

Walden Asset Management has added its voice to those criticising the proposed Corporate Governance Reform and Transparency Act of 2016 (HR 5311) passed last month by the US House of Representatives’ Finance Services Committee.

In a letter to Jeb Hensarling …