Are executive pay peer group benchmarks the new credit ratings?
New research from the Investor Responsibility Research Centre Institute (IRRCi) suggests that over-dependence on peer group benchmarking for setting executive pay is the root cause of pay inflation in the …
Read MoreProfessor John Kay has published his review of equity markets and long-term decision making which was commissioned by the UK’s Business Secretary Vince Cable.
Here are the key recommendations, source: Kay review – Final Report July 2012
1. The Stewardship …
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Optimising the Means and Ends of Good Governance
Manifest is proud to sponsor the 4th Cambridge International Regulation and Governance Conference on September 6th, at Queens College, Cambridge.
In a timely intervention given recent consultations at national and supra-national level …
Read MoreThe AMF has this week (2nd July) released its final report on improving the exercise of shareholders rights at French general meetings. Following consultation during 2011, the proposals are expected to be in place in time for meetings on or …
Read MoreAnother week, another consultation deadline in the world of responsible investment – last week the FRC’s consultation on the Stewardship Code. With so many column inches being taken up with coverage of scandals which have shaken the very bedrock of …
Read More….no evidence.
Last year, ESMA conducted a consultation on the topic of empty voting, designed to find out the nature and extent of the decoupling of voting rights from economic ownership. Last week, they published the responses received, and concluded …
Read More…..on the facts.
The world’s proxy seasons draw to a close with the last remaining Japanese vote deadlines on Tuesday 26th June. That’s one day after the European Securities Markets Authority’s consultation on proxy advisors closes.
Shareholders do like to …
Read MoreGuest post by Damien Knight, Director, MM&K Ltd
The Coalition Government, through the Department for Business, Innovation and Skills (BIS), has been consulting regularly since September 2011 about what it could do to reign in ‘excessive’ executive pay and strengthen …
Read MoreThe Manifest/MM&K Executive Director Total Remuneration Survey for 2012 was launched at a seminar in London on Tuesday, 12th June.
The Manifest/MM&K Survey is the most authoritative and up to date analysis of published information on the pay practices of …
Read MoreNever mind the peak meeting season, the past few days has seen a flurry of activity in Westminster which will have a bearing on aspects of shareholder voting and corporate governance in the UK.
On Tuesday, the Treasury Select Committee …
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