ESMA has now released its final report on ‘The Proxy Advisor Industry’. It’s key recommendation, after long deliberation, is that there is “no current market failure related to proxy advisors interaction with investors and issuers in the European Union …
Read MoreA: Suspect ingredients, lack of traceability, bad labelling and poor retailer accountability.
What on earth has dubious food processing got to do with proxy votes I hear you ask? The FT neatly sums it up in its article “From workhorse …
Read MoreEurope’s much heralded Shareholders’ Rights Directive (2007) was meant to put an end to share blocking and immobilization and give all shareholders, irrespective of their locale, the same rights to vote across borders with minimum fuss. However, the best laid …
Read MoreGuest post by:
Magnus Furugård, President and Managing Director, GES International, a Manifest partner
Asset owners and asset managers should engage more strongly on ESG performance with the banks in order to contribute to a more sustainable financial sector, …
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The European Commission this week (12/12/12) set out its 16 priorities for promoting sustainable and competitive companies in the EU. After two years of investigation, the Commission has decided to focus it’s workplan on three main areas:
- Transparency
- Long-Term Shareholder
The Association of British Insurers have published the 2012 update to their Principles of Remuneration, with a number of key changes focusing on simpler remuneration structures while offering flexibility for special cases. Two new paragraphs have been inserted in the …
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What should directors be paid? When and how to motivate for sustainable returns are key questions for remuneration committees and shareholders alike. On the face of it they are easy questions to ask but good answers require …
Read MoreAre 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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