Shareholders of JD Sports Fashion plc will note a massive 66% salary increase awarded to the executive chairman (from £423k to £700k) when considering the company’s remuneration report. Additionally, the remuneration committee is seeking shareholder approval for the chairman’s proposed …
Read MoreWe’ve never heard of a SLAPP suit before, or not until Wall Street Journal reported on the KBR/Chevedden case on Monday morning: Firms Try New Tack Against Gadflies: Corporations Look to Block Shareholder Activists’ Proposals by Challenging the Size of …
Read MoreRemuneration Committees are struggling to maintain their independence from their CEOs and are adopting increasingly expensive, short-term reward strategies according to the latest Manifest and MM&K Total Remuneration Survey.
The Executive Director Total Remuneration Survey 2011 examines the latest …
Read MoreAFSCME, the larges union for public service workers has turned the heat up under mutual funds with the publication of its fifth annual analysis of voting on compensation-related resolutions.
“Tipping the Balance? Large Mutual Funds’ Influence upon Executive Compensation…
Read MoreRecent quotes by Manifest on topical corporate governance issues:
Protest vote against Prudential chairman >>
Financial Times, May 19 2011
Financial Times, May 19 2011
Conservative MP leads charge for tougher audits >>
Financial News, May 18th 2011
Backlash grows over power of proxy >>…
Read MoreAdvocates for audit and accounting reform made great strides this week. Although much of the attention will be directed at the OFT’s conclusion that the audit market isn’t working, a slightly less well covered but equally welcome development emerged from …
Read MoreThe UK’s competition watchdog, the Office of Fair Trading (OFT) has concluded that the audit market is not competing effectvely and is now considering a referal to the Competition Commission.
Taking a lead from the House of Lords Economic Affairs …
Read MoreFourteen companies in the US S&P 500 have agreed to repeal their classified board status thanks to the joint engagement efforts of The State Board of Administration of Florida (the “SBA”), the investment manager of the Florida Retirement System, the …
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