The founder of the Easy group of companies, Sir Stelios Haji-Ioannou, used his 49% stake in easyHotel, to vote against the company’s directors’ remuneration report leading to a majority opposing the resolution to approve the report at its recent AGM. …
Read MoreThe board of retailer Next has been forced to call a general shareholder meeting next month after finding a technical infringement of the Companies Act 2006 in respect of the payment of the dividends.
The issue relates to the dividends …
Read MoreAs the global rich and powerful gathered for the World Economic Forum (WEF) annual meeting, Oxfam released a report which it claimed showed 62 people own as much as the poorest half of the world’s population.
Read MoreCurrent ethical audits of clothing and other manufacturers are not effective and tend to reinforce existing business practices, while also weakening governmental oversight, according to a new study by Sheffield University’s Political Economy Research Institute.
The report’s authors argue that …
Read MoreThe gender gap could widen in the economy of the future according to a World Economic Forum report published as global business and political leaders gathered for its annual meeting in Davos, Switzerland.
Among the topics discussed at the meeting …
Read MoreThe New York City Pension Funds have filed new shareholder resolutions in their continued campaign to get investors the right to nominate a director to the boards of US companies.
The Boardroom Accountability Project, which was launched in November …
Read MoreDespite recent policy changes by the last UK Coalition Government chief executive (CEO) pay has still been rising and, according to a recent report by the Chartered Institute of Personnel and Development, current executive reward practice is based on misplaced …
Read MoreThe Bank of England is proposing to strengthen the remuneration requirements on buy-outs of variable remuneration for those regarded as material risk takers at banks, building societies and designated investment firms regulated by the Prudential Regulatory Authority. These proposals are, …
Read MoreCompliance with the UK Corporate Governance Code remains high,with 90 per cent of the FTSE 350 complying with all but one or two provisions, according to the Financial Reporting Council (FRC) in its report, Developments in Corporate Governance and Stewardship …
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