“The Big Four’s domination of the large firm audit market in the UK is almost complete: in 2010 they audited 99 of the FTSE 100 largest listed firms, which change auditors every 48 years on average. It is clearly an …
Read MoreOver the same weekend that the UN wrestled with the question of whether to intervene in the internal affairs of Libya, the French financial markets regulator, the Autorité des Marchés Financiers (AMF), issued a stunning piece of surprise, summary intervention …
Read MoreUS activist investor Guy Wyser-Pratte is turning the heat up under Lagardère and claims to have new evidence proving that last summer’s board seat bid was hit by flawed voting procedures.
At stake is Wyser-Pratte’s attempt to shake up management …
Read MoreIt is often argued that poor governance structures prepared the ground for the financial crisis. The lack of shareholder engagement in particular is seen to have enabled banks to take on more and more risk. In response, the UK Financial …
Read More“Don’t be British, be Australian” is the message from Claire Bury, the EU’s corporate governance official.
Speaking at the UK’s National Associate of Pension Funds investment conference in Edinburgh recently, Claire outlined the Commission’s approach to the forthcoming Governance Green …
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